Former WETA Digital CEO Prem Akkaraju, Sean Parker Join Stability AI As It Closes Funding Round

L.A.-based Stability AI named media and tech exec Prem Akkaraju CEO and Napster founder Sean Parker executive chair as the imaging, language, code and audio generative AI company closed an initial investment round. The fresh capital — although it’s not clear how much — and new leadership “will be instrumental in accelerating Stability AI’s growth […]