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(Podcast) View More Crypto * More ----------------------------------------------------------------- Technology OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds at $4 Billion Valuation By Katie Roof, Mark Bergen and Hannah Miller +Follow March 3, 2023, 9:14 PM UTC Listen to this article 1:56 Share this article Copied Gift this article Subscriber Benefit Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even non-subscribers! Learn more Subscribe Sign In Follow the authors + Get alerts forKatie Roof @mhbergen + Get alerts forMark Bergen @hgmiller29 + Get alerts forHannah Miller With artificial intelligence booming, one key player in the fast-growing space is talking to investors about raising more money after just reaching unicorn status in a funding round late last year. The parent company of Stable Diffusion, an AI tool for making digital images, is seeking to raise money at a valuation of about $4 billion, according to people familiar with the matter, who asked to not be identified because it isn't public. It isn't clear how much capital Stability AI Ltd. is seeking to raise in the potential round. A final decision hasn't been made on whether to go ahead with the financing and the valuation could still change, the people added. LIVE ON BLOOMBERG Watch Live TVListen to Live Radio Most Read * Technology Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs * Technology iPhone Maker Plans $700 Million India Plant in Shift From China * Markets S&P 500 Notches Best Week Since Late January: Markets Wrap * Technology Zoom Abruptly Fires President Greg Tomb 'Without Cause' * Markets Oil Set to Post Weekly Gain as UAE Refutes Report of OPEC Exit Terms of Service Trademarks Privacy Policy (c)2023 Bloomberg L.P. 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