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Stability AI founder Emad Mostaque plans to step down as CEO
Mostaque has told a number of people close to him that he plans to step down as chief executive of the once buzzy generative AI startup known for Stable Diffusion.
Mostaque’s decision to abdicate the CEO role at the company he founded follows a groundswell of employee discontent which reached a new peak this month with the departures of the key researchers behind Stability’s most popular offering, the text-to-image generator Stable Diffusion. A number of executives have since left the company, including chief people officer Ozden Onder, general counsel Adam Avrunin and Joe Penna, the vice president of applied machine learning. But his image was marred by accusations of exaggeration and overstatement — about his academic background, Stability AI’s involvement in the development of Stable Diffusion and industry prowess — as Forbes first reported last year.
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