Coatue, an investment manager, Lightspeed Venture, a venture capital firm, and O'Shaughnessy Capital, a quantitative asset management firm, led a $101m funding round in Stability AI, a community-driven, open-source artificial intelligence company. "AI promises to solve some of humanity's biggest challenges. But we will only realize this potential if the technology is open and accessible to all. Stability AI puts the power back into the hands of developer communities and opens the door for ground-breaking new applications. An independent entity in this space supporting these communities can create real value and change," Emad Mostaque, Stability AI Founder and CEO.