Sep 7, 2022
Startup Behind AI Image Generator Stable Diffusion Is In Talks To Raise At A Valuation Up To $1 Billion
Posted by Gemechu Taye in categories: internet, robotics/AI
With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh, a cyberpunk cityscape in the style of 18th century Japanese artist Hokusai and a complex alien world straight out of science fiction. Released to the public just two weeks ago, it’s become one of several popular AI-powered text-to-image generators, including DALL-E 2, that have taken the internet by storm.
Now, the company behind Stable Diffusion is in discussions to raise $100 million from investors, according to three people with knowledge of the matter.