Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources: Runway’s valuation is $500M, and ARR is ~$1M (Kenrick Cai/Forbes)

Kenrick Cai / Forbes:
Sources: Stability AI, the startup behind Stable Diffusion, is in talks to raise $100M; Coatue proposed a $500M valuation and Lightspeed offered a $1B valuation  —  With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh …

Bill Cusick / Stability.Ai:
Stability AI releases Stable Diffusion 2.0, which can now generate images with default resolution of 512×512 and 768×768, and can upscale images to 2048×2048  —  It is our pleasure to announce the open-source release of Stable Diffusion Version 2.  —  The original Stable Diffusion V1 led …

James Vincent / The Verge:
Stable Diffusion 2.0 makes it harder to mimic some artists’ styles or generate NSFW output; Stability AI says NSFW images were removed from its training data  —  Users of AI image generator Stable Diffusion are angry about an update to the software that “nerfs” its ability to generate NSFW output …

Charles Mandel / BetaKit:
Goldsky, a crypto infrastructure startup helping companies aggregate and process on-chain data, raised a $20M seed led by Felicis Ventures and Dragonfly Capital  —  Goldsky is living up to its lux name, announcing a $20 million seed round less than a year after the startup’s founding in 2021.

Jay Alammar:
An illustrated guide showing how Stable Diffusion generates images from text using a CLIP-based text encoder, an image information creator, and an image decoder  —  AI image generation is the most recent AI capability blowing people’s minds (mine included).

Jared Council / Forbes:
New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M  —  Sevetri Wilson is not your average tech company founder.  She’s a Black woman, she has no coding experience, no cofounders …