Several institutions investing in the crypto industry have invested in Stability.AI

Odaily News Several venture capital firms that have invested in the crypto industry are seizing the trend of artificial intelligence. The list of supporters of Stability.AIs $80 million investment includes several institutions that invest in the crypto field. According to relevant documents, Lightspeed Ventures and Coatue invested $2.4 million and $4.9 million respectively. Lightspeed is an investor in Ripple, Solana and Yuga Labs, and Coatue is an investor in crypto companies such as Chainalysis, CertiK, and Dapper Labs. Both investment companies have also provided funding for blockchain infrastructure startup Alchemy. In addition, Greycroft Partners invested about $20 million. It is reported that there are currently 270,000 users on Stability.AIs Discord, who have created more than 400 million pictures, and can also create audio and video based on user prompts. (DL News)