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Decentralized Ai

All articles tagged with #decentralized ai

technology1 year ago

"Stability AI CEO Steps Down to Pursue Decentralized AI Amid Company Turmoil"

Stability AI, the maker of Stable Diffusion, faces further turmoil as its CEO resigns amidst financial, legal, and credibility issues. The company's interim co-CEOs are tasked with steering the company forward, but it has already lost key developers and faced controversy over its technical model. With its future uncertain, the question remains whether Stability AI can survive and thrive in the competitive generative AI market.

via Futurism|
#ceo-resignation#decentralized-ai#generative-ai
technology1 year ago

"Stability AI CEO Resigns to Champion Decentralized AI"

Emad Mostaque, CEO of Stability AI, has resigned to pursue decentralized AI, leading to the appointment of interim co-CEOs Shan Shan Wong and Christian Laforte. Mostaque's departure follows reports of trouble at Stability AI, including the resignation of key developers and a lawsuit from Getty Images over the data used to train its flagship AI product, Stable Diffusion. Meanwhile, rival startup Inflection AI experienced a talent acquisition by Microsoft, with co-founder Mustafa Suleyman joining as CEO of a new AI team.

via The Verge|
#ai#ceo-resignation#decentralized-ai
technology1 year ago

"Stability AI CEO Steps Down to Champion Decentralized AI"

Emad Mostaque, CEO and founder of Stability AI, has resigned from his position and the company's board to pursue decentralized AI, citing the inability to beat centralized AI with more centralized AI. The startup, known for its popular image generation tool Stable Diffusion, has appointed its COO and CTO as interim co-CEOs. Mostaque's departure comes amid ongoing struggles at the company, including significant talent loss and unsuccessful attempts to raise new funding at a $4 billion valuation. This announcement follows a week of major changes in the AI industry, with another startup, Inflection AI, experiencing co-founder departures and staff joining Microsoft.

via TechCrunch|
#ai-industry#ceo-resignation#decentralized-ai