Watch: What Stability AI’s CEO departure means for other AI startups

March 26, 2024

, By Alex Wilhelm

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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. And no, that’s not some sort of elaborate wordplay. We’re being literal.

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. What happened? What’s next? We dig into all that and more in today’s TechCrunch Minute:

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Watch: What Stability AI’s CEO departure means for other AI startups

March 26, 2024

, By Alex Wilhelm

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. And no, that’s not some sort of elaborate wordplay. We’re being literal.

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. What happened? What’s next? We dig into all that and more in today’s TechCrunch Minute:

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

13-inch M3 MacBook Air all-time low at $1,024, M3 iMac $100 off, MagSafe gear, more

Next News

CCI Clears Ranjan Pai, 360 One’s Stake Acquisition In PharmEasy

More like this

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