Stability

“Introducing the Latest Innovation from Stability AI: A Cutting-Edge Sound Generator”

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Stability AI, the startup behind the AI-powered art generator Stable Diffusion, has released an open AI model for generating sounds and songs that it claims was trained exclusively on royalty-free recordings. Called Stable Audio Open, the generative model takes a text description (e.g. Stability AI says that it’s not optimized for this, and suggests that users looking for those capabilities opt for the company’s premium Stable Audio service. Stable Audio Open also can’t be used commercially; its terms of service prohibit it. And it doesn’t perform equally well across musical styles and cultures or with descriptions in languages other than English — biases Stability AI blames on the training data.

“Fisker’s Revenue Loss, Robinhood’s Credit Card Debut, and Google’s Travel Planning Revolution”

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And Manish wrote about the resignation of Stability AI founder and CEO Emad Mostaque late last week. AI-powered itineraries: In an upgrade to its Search Generative Experience, Google has added the ability for users to ask Google Search to plan a travel itinerary. Using AI, Search will draw on ideas from websites around the web along with reviews, photos and other details. Robinhood’s new card: Nine months after acquiring credit card startup X1 for $95 million, Robinhood on Wednesday announced the launch of its new Gold Card, powered by X1’s technology, with a list of features that could make Apple Card users envious. Bonus roundSpotify tests online learning: In its ongoing efforts to get its 600 million+ users to spend more time and money on its platform, Spotify is spinning up a new line of content: e-learning.

Exploring the Significance of Stability AI’s CEO Resignation for the Future of AI Startups

Stability Ai Emad Ceo Tc Minute
What do you call an AI company that is suffering from very public gyrations regarding its business health, place in the market, and leadership structure? Well, you might call it Stability AI. Stability AI’s latest leadership shakeup is no joke, with its CEO Emad Mostaque departing to work on AI products that are less centralized — which is to say, owned and built by a single company, like, say, Stability AI. The startup’s fundraising journey is well-known to tech folks, while its best-known product — Stable Diffusion — is known even more broadly. We dig into all that and more in today’s TechCrunch Minute:

Resignation of Stability AI CEO due to inability to outmatch centralized AI with further centralization

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Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week. Stability AI, which has lost more than half a dozen key talent in recent quarters, said Mostaque is stepping down to pursue decentralized AI. In a series of posts on X, Mostaque opined that one can’t beat “centralized AI” with more “centralized AI,” referring to the ownership structure of top AI startups such as OpenAI and Anthropic. “We should have more transparent & distributed governance in AI as it becomes more and more important. “The payoffs on proper generative AI R&D are clearer and faster to market than just about anything we’ve seen.

“New Leadership, Same Mission: How Slack’s CEO Plans to Restore Balance Amidst Turmoil”

Denise Dresser Speaking
Slack’s new CEO looks to bring stability after a turbulent period Three chief executives in one year will do thatIt’s not often you see an established company burn through three CEOs in less than a year. But through circumstances beyond its control, that’s what has happened at Slack, the company Salesforce acquired in 2020 for $28 billion. Jones herself had replaced company co-founder Stewart Butterfield when he announced that he was leaving at the end of 2022. “And then you think about Salesforce having this incredible set of customer data, some of the world’s most valued data. Even though Harris brings a long history of building Salesforce, Slack is losing a person who has a deep understanding of Slack’s technical underpinnings.

Create Flims Easily with AI-Generated Clips using Morph Studio

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Want to weave various Stability AI-generated video clips into a movie? Morph Studio, which has its own text-to-video model, just introduced an AI filmmaking platform. Undergirding the creation process is Morph’s partnership with Stability AI, though eventually, Morph plans to introduce an array of generative video models for users to choose from. AI has introduced a new workflow to film production,” Morph’s co-founder Xu Huaizhe said in an interview with TechCrunch. Meme generatingXu’s commitment to creating a community around videos was evident in Morph’s inaugural product endeavor: a place for sharing AI-generated memes.

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