Sources: Stability AI, the startup behind Stable Diffusion, is in talks to raise $100M; Coatue proposed a $500M valuation and Lightspeed offered a $1B valuation
With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh … Tweets: @kenrickcai , @spencerdailey , @vatsofgoop , @schwabkatharine , and @joshuatopolsky Tweets: Kenrick Cai / @kenrickcai : Scoop: Stability AI, the startup behind AI text-to-image generator Stable Diffusion, is looking to raise $100M at a valuation up to $1B. Coatue and Lightspeed are potential investors. The talks follow Stable Diffusion's buzzy release just two weeks ago. https://www.forbes.com/... Spencer Dailey / @spencerdailey : @Techmeme @kenrickcai Given that startups like Helium raised at higher valuations this year (https://www.axios.com/...), a $1B valuation seems fair or even low for a company with this much traction @vatsofgoop : i hate everything about this and loathe the fact that they can so easily get money through subscriptions and companies through this https://twitter.com/... Katharine Schwab / @schwabkatharine : Stable Diffusion is like Dall-e 2, but open source and with no guardrails, which has already sparked controversy. Reddit has banned 4 communities dedicated to creating NSFW images with Stable Diffusion. That clearly hasn't kept investors away. https://twitter.com/... Joshua Topolsky / @joshuatopolsky : What cut does Loab get of this https://twitter.com/...