Stability AI Raises $50 Million in Financing
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Translated data:
Artificial intelligence startup Stability AI has successfully raised $50 million through convertible bonds. Despite experiencing management changes and legal disputes before and after the funding, the company maintains an optimistic outlook for the future. Their revenue has grown tenfold over the past year, with plans to launch more new products by the end of the year. Stability AI is an independent, open-source, multi-modal (image, language, code, 3D, audio) AI company dedicated to advancing AI technology.
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