that Stability AI, the makers of AI image generator Stable Diffusion, were in trouble, CEO Emad Mostaque stepped down on Saturday.
Taking to X , Mostaque said he was resigning to pursue his goal of decentralized artificial intelligence and that it was his decision to stand down — noting that he remains the majority shareholder.However, there have been reports of chaos at Stability AI with three researchers who developed the core Stable Diffusion model leaving the company recently.
The three German researchers created Stable Diffusion while at university and it was only after Stable Diffusion was published did Stability AI became involved. “Stability, as far as I know, did not even know about this thing when we created it,” Björn Ommer, the professor who supervised the researchers, has said on record. “They jumped on this wagon only later on.”that he exaggerated his educational achievements; exaggerated his links to Amazon Web Services; and outright invented partnerships with UNESCO, OECD, WHO, and World Bank.
The company is now looking for a new CEO but in the meantime has appointed its Chief Operating Officer, Shan Shan Wong, and its Chief Technology Officer, Christian Laforte, as co-CEOs.Stability AI CEO Says AI Poses an ‘Existential Threat to Humanity’