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Stability AI co-founder claims he was 'tricked' into selling 15% stake at the unicorn for $100 - Vimarsana News

Stability AI co-founder claims he was 'tricked' into selling 15% stake at the unicorn for $100

In response to the lawsuit, Stability AI issued a statement calling the case 'without merit'.

Stability AI releases Stable Doodle, a sketch-to-image tool - Vimarsana News

Stability AI releases Stable Doodle, a sketch-to-image tool

Stability AI, the startup behind the image-generating model Stable Diffusion, is launching a new service that turns sketches into images. The sketch-to-image service, Stable Doodle, leverages the latest Stable Diffusion model to analyze the outline of a sketch and generate a "visually pleasing" artistic rendition of it. "Stable Doodle is geared toward both professionals and novices, regardless of their familiarity with AI tools," Stability AI writes in a blog post shared with TechCrunch via email.

Source: yahoo.com
Stability AI Cofounder Says He Was Tricked Into Selling Stake For $100 - Vimarsana News

Stability AI Cofounder Says He Was Tricked Into Selling Stake For $100

Cyrus Hodes alleges that Mostaque, the CEO, “fraudulently cheated” him out of a stake that within months was worth $150 million on an undiluted basis.

Source: forbes.com
Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100 - Vimarsana News

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

Cyrus Hodes said he sold his 15% stake to CEO Emad Mostaque just before the firm raised $101 million at a $1 billion valuation.

Source: yahoo.com
BBCNEWS BBC News at One June 4, 2024 12:23:00 - Vimarsana News

BBCNEWS BBC News at One June 4, 2024 12:23:00

More and you get the chance to request your own styles or how a child looks. patreon told us, "we have a zero tolerance policy. creators on patreon cannot fund content dedicated to sexual themes involving minors. the increase in al generated harmful content is real and distressing. we have identified and removed increasing amounts of this content." stability ai, the company that helped create the tech that makes these images possible, told us they "strictly prohibit any misuse for illegal or immoral purposes across our platforms." and they "strongly support law enforcement efforts against thos...