AI startup Stability AI, known for Stable Diffusion, undergoes restructuring, including layoffs, after founder Emad Mostaque's resignation in March.
AI startup Stability AI, known for its Stable Diffusion image-generation tool, is undergoing a restructuring process, including layoffs of some staff members, after founder and former CEO Emad Mostaque resigned in March. The exact number of affected employees and further details have not been disclosed. The company, which has approximately 200 employees, is currently searching for a new CEO and continues releasing new products.
April 18, 2024
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