Ai Industry news and trends

Report: Stability AI Secures $50 Million in Financing
artificial intelligence // November 09, 2023

Stability AI, the artificial intelligence (AI) startup recognized for its Stable Diffusion image-generating software, has reportedly raised about $50 million in financing. This cash infusion was obtained through a convertible note, Bloomberg reported Thursday (Nov. 9), citing unnamed sources. Reached for comment by PYMNTS, a Stability...

Barclays Analysts See Meta as Well-Positioned for Growth in AI
artificial intelligence // October 05, 2023

Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The investment firm has identified Meta as a potential frontrunner in the field of AI, with its four mega-apps — WhatsApp,...

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Report: Stability AI Secures $50 Million in Financing

November 09, 2023
Stability AI, the artificial intelligence (AI) startup recognized for its Stable Diffusion image-generating software, has reportedly raised about $50 million in financing. This cash infusion was obtained through a convertible note, Bloomberg reported Thursday (Nov. 9), citing unnamed sources. Reached for comment by PYMNTS, a Stability AI spokesperson said in an emailed statement: “Due to our […]

Barclays Analysts See Meta as Well-Positioned for Growth in AI

October 05, 2023
Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The investment firm has identified Meta...