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Stability AI CEO Resigns, Says We Can't Beat Centralized AI With More Centralized AI

Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup's board, the buzzy firm said. From a report: Stability AI, which has been backed by investors including Lightspeed Venture Partners and Coatue Management, doesn't have an immediate perma...

Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup's board, the buzzy firm said. From a report: Stability AI, which has been backed by investors including Lightspeed Venture Partners and Coatue Management, doesn't have an immediate permanent replacement for the CEO role but has appointed its COO Shan Shan Wong and CTO Christian Laforte as interim co-CEOs, it said in a blog post. Stability AI, which has lost more than half a dozen key talent in recent quarters, said Mostaque is stepping down to pursue decentralized AI.

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