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Stability AI in fundraising talks with former Facebook president and other investors
A group of investors including former Facebook President Sean Parker is in fundraising talks with Stability AI, a startup developing products based on the open source image generator Stable Diffusion, according to a person directly involved in the deal negotiations. The investment will be a lifeline for Stability AI, which is facing a cash crunch and unpaid cloud computing bills. Source Note: Image generated by AI, Figure…- 1.9k
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