Stability AI, the artificial intelligence (AI) startup recognized for its Stable Diffusion image-generating software, has reportedly raised about $50 million in financing. This cash infusion was obtained through a convertible note, Bloomberg reported Thursday (Nov. 9), citing unnamed sources. Reached for comment by PYMNTS, a Stability...
March 24, 2024
Stability AI’s founder and CEO has resigned to pursue decentralized artificial intelligence (AI). Emad Mostaque has stepped down as the AI firm’s chief executive and from the company’s board, Stability announced Friday (March 22) on the company’s blog. “I am proud two years after bringing on our first developer to have led Stability to hundreds of millions of […]
November 09, 2023
Stability AI, the artificial intelligence (AI) startup recognized for its Stable Diffusion image-generating software, has reportedly raised about $50 million in financing. This cash infusion was obtained through a convertible...
