UNIVERSAL MUSIC GROUP

About Universal Music Group

Corporate entity

Recent News about Universal Music Group

• Stability AI secures $76M Series B from music and gaming giants

  Stability AI announced on August 26, 2026 that it closed a $76 million Series B round led by major entertainment and tech investors including Electronic Arts, Sony Music Group, Universal Music Group and Warner Music Group. The Los Angeles based generative AI company said the new capital lifts its total funding to $232 million and will fund creative AI products for music, gaming and entertainment professionals.

  Source: PRNewswire (Spanish edition)2026-08-26T05:38:00.000Z

• Stability AI secures $76M Series B from music and gaming giants

  On August 26 2026, Stability AI announced that it has raised a $76 million Series B round, bringing total funding under CEO Prem Akkaraju to $232 million. The round is backed by Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group, AMD Ventures and others to expand professional creative AI products like Stable Audio.

  Source: Stability AI2026-08-25T19:00:00.000Z