Stability AI

Meta Goes to the GenAI Movies to Help Retailers Improve Online Sales
Meta Goes to the GenAI Movies to Help Retailers Improve Online Sales
October 08, 2024  |  artificial intelligence

Meta’s new Movie Gen artificial intelligence (AI) video creation tool could level the playing field for small businesses in the digital marketplace, experts say.  Movie...

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Stability AI Secures ‘Significant’ Investment, Names CEO, Executive Chairman
Stability AI Secures ‘Significant’ Investment, Names CEO, Executive Chairman
June 25, 2024  |  artificial intelligence

Stability AI said Tuesday (June 25) that it secured “significant” new funding from an investment group and appointed a new CEO and a new executive...

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Stability AI Lays Off Employees; Restructures After CEO’s Departure
Stability AI Lays Off Employees; Restructures After CEO’s Departure
April 18, 2024  |  artificial intelligence

Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April...

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Stability AI CEO Resigns and Calls for ‘Transparent’ AI Governance
Stability AI CEO Resigns and Calls for ‘Transparent’ AI Governance
March 24, 2024  |  artificial intelligence

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...

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Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
February 22, 2024  |  Artificial Intelligence

Jasper, a generative artificial intelligence app company, acquired Clipdrop, an AI image creation and editing platform, from Stability AI. The move not only strengthens Jasper’s...

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Report: Stability AI Positioning Itself for Acquisition
Report: Stability AI Positioning Itself for Acquisition
November 29, 2023  |  Acquisitions

Stability AI, a British artificial intelligence (AI) startup, is reportedly considering selling the company amidst mounting pressure from investors over its financial position.  The London-based...

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Report: Stability AI Secures $50 Million in Financing
Report: Stability AI Secures $50 Million in Financing
November 09, 2023  |  artificial intelligence

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...

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OpenAI Sued by Authors for Copyright Infringement
OpenAI Sued by Authors for Copyright Infringement
September 11, 2023  |  artificial intelligence

A group of authors has reportedly filed a lawsuit against OpenAI, accusing the Microsoft-backed program of misusing their writing for training its popular artificial intelligence (AI)-powered...

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