According to Foresight News, The Information reported that Stability AI has received funding from an investment group led by Sean Parker, who has invested more than $100 million in total, but the specific amount has not been disclosed. In addition, Stability AI also announced the replacement of its CEO, and Prem Akkaraju, former CEO of visual effects company Weta Digital, will take over the position.

Previously, Stability AI and Render Network reached a cooperation to use decentralized GPU networks to massively expand AI training and reasoning capabilities at low cost.