Coatue, Lightspeed and O'Shaughnessy led a $101m round in Stability AI.

Coatue, an investment platform, Lightspeed, a venture capital firm, and O'Shaughnessy, an investment company, led a $101m 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.