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Black Forest Labs, the company that powers Grok's image generation, is raising another $100M on a $1B valuation, say sources [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
For example, multiple sources tell us that Black Forest Labs — a startup building generative AI image models, which only came out of stealth two months ago with $31 million in funding — is closing new funding. $100 million round at a $1 billion valuation is the amount we are hearing, and that it's already talking to investors for more. The deal may not be final and so could still be subject to change. Black Forest is not just any AI startup: the company was co-founded by the engineers who built the technology behind Stability AI. And it has a big-name customer. Elon Musk's X.ai is using Black Forest's Flux.1 text-to-image model to power image generation in its Grok chatbot. That's a service that set people chattering immediately after it was launched in part because of the audacious results people have managed to generate with it. “No filters” still appears to be a thing a month later. We created the image on the right earlier this week. Another reason why the company is catchin [Read more]
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Stockreport

Black Forest Labs, the company that powers Grok's image generation, is raising another $100M on a $1B valuation, say sources [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
For example, multiple sources tell us that Black Forest Labs — a startup building generative AI image models, which only came out of stealth two months ago with $31 million in funding — is closing new funding. $100 million round at a $1 billion valuation is the amount we are hearing, and that it's already talking to investors for more. The deal may not be final and so could still be subject to change. Black Forest is not just any AI startup: the company was co-founded by the engineers who built the technology behind Stability AI. And it has a big-name customer. Elon Musk's X.ai is using Black Forest's Flux.1 text-to-image model to power image generation in its Grok chatbot. That's a service that set people chattering immediately after it was launched in part because of the audacious results people have managed to generate with it. “No filters” still appears to be a thing a month later. We created the image on the right earlier this week. Another reason why the company is catchin [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS