Get the latest tech news
Stability AI gets new leadership as gen AI innovations continue to roll out
New CEO and more funding are reportedly coming to Stability AI as former CEO presses forward on decentralized AI.
On June 12, Stable Diffusion 3 Medium was released as the fastest more performant version of the company’s text to image generation models. The report from The Information also claims that alongside the new CEO, Stability AI will be getting a cash infusion from an investor group led by Sean Parker. In the image generation space where Stable Diffusion exists, OpenAI’s Dall-E 3, Midjourney, Ideogram and others are increasingly commoditizing the market.
Or read this on Venture Beat
