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Stability AI, the company behind popular text-to-image AI program Stable Diffusion, has raised new funding that values the company at around $1 billion (according to a report from Bloomberg citing a “person familiar with the matter”). It’s a significant validation of the company’s approach to AI development, which, in contrast to incumbents like OpenAI and Google, focuses on open-source models that anyone can use without oversight. In a press statement, Stability AI said it raised $101 million in a round led by Coatue,…

Olivia Wilde has been an ardent supporter of the “free the nipple” movement on magazine covers and in interviews. However, she really put her money where her mouth is at the 2nd Annual Academy Museum Gala over the weekend in which she wowed in a sheer silver number. The heavily photographed moment came just a few weeks after her Don’t Worry Darling co-star Florence Pugh infamously clapped back at trolls for wearing a similarly sheer Valentino look. Arriving at the Gala at the Academy Museum of Motion Pictures on October…