What is in a Name?
What do you call an AI company that is struggling with very public upheavals surrounding its business stability, position in the market, and leadership hierarchy?
Perhaps you would refer to it as Stability AI. And no, this isn’t some clever play on words. We are being quite literal.
The Latest Shake Up
Recently, there has been a significant change in Stability AI’s leadership team. Their CEO, Emad Mostaque, has departed in pursuit of developing AI products that are less centralized – meaning they are not owned and controlled by a single company like Stability AI and its main product, Stable Diffusion.
A Journey in Fundraising
For those in the tech industry, the startup’s fundraising journey is well-known. Even more widely recognized is their flagship product, Stable Diffusion. But what exactly happened? And what can we expect moving forward? We delve into these questions and more in today’s edition of TechCrunch Minute.
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