Prem Akkaraju
CEO, Stability AI · as of 2026-10-05 · source
CEO of Stability AI since 2024; led its pivot to licensed music models backed by the major labels.
News mentioning Prem Akkaraju (1)
- Stability AI raises $76M Series B with Universal, Sony and Warner as investors and licensors, completing its pivot to music tools ★★★
On Aug 25, 2026 Stability AI closed a $76M Series B whose investors include all three major record labels (Universal, Sony, Warner), which also licensed their catalogs for training, plus Electronic Arts and AMD Ventures. It was the first AI company with equity from all the majors. Under CEO Prem…
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