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.Cyrus is an attorney based in Dallas, Texas, with 21+ years of experience in corporate investments, and a strong interest and experience in applying AI and machine learning in the legal industry.
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This post was first published on
(also as a paid post).Right as I was finishing the draft, news broke that Emad Mostaque had stepped down as CEO of Stability AI. Also, three of the five authors who developed the core Stable Diffusion research - Robin Rombach, Andreas Blattmann and Dominik Lorenz - most recently left the company.
In spite of all the (rightful) criticism of Emad Mostaque, the original mission of Stability AI is noble: democratizing access to AI, to ensure that not only a few white, rich, middle-aged, American males are defining the future for this powerful technology, but a diverse set of people with different nationalities, backgrounds, and cultural baggage.
Stability AI has to some extent been successful in its mission; building both a large community of developers and a suite of powerful AI models used by millions. At the same time, the success of Stability AI has intermittently, and now more than ever, been overshadowed by controversies regarding the credibility of its founder and CEO, Mostaque, who has become publicly known for making hyperbolic, crypto-like claims and also operating the company based on crypto-like finances.
In this post, we will zoom in on the contrasted story of Stability AI at a time when things are looking really bad for the company but a slim chance of a recovery still exists.
Is This the End For Stability AI?
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