Sean Parker is rebuilding Stability AI around music
Summary
Sean Parker, co-founder of Napster, has re-entered the music industry and is now rebuilding Stability AI into a music-focused AI toolmaker. Two years after joining an $80 million rescue of the struggling image-generator startup, Parker and CEO Prem Akkaraju are focusing on creating AI tools for music professionals. In late August, Stability AI secured $76 million in funding from Sony, Warner, and Universal, which also licensed their catalogs for training. The company has released three new audio models and AI music-editing software, with plans for an update that will allow users to hum or beatbox to guide the AI.
(Source:TechCrunch)