Stable Diffusion CEO resigns

[Free]

Stable Diffusion CEO Resigns as Company Crumbles

Embattled AI image generator outfit Stability AI has taken another hit as its embattled CEO Emad Mostaque has resigned.

futurism.com

Embattled AI image generator outfit Stability AI — the maker of Stable Diffusion, a breakout competitor to software by bigger outfits like OpenAI's DALL-E — has taken another hit as its CEO has resigned.

The company says that CEO Emad Mostaque has stepped down to "pursue decentralized AI." That's a nice idea, but it has a ring of "my girlfriend goes to another school," since Mostaque has been dogged by credibility issues during his chaotic tenure at Stability.

Even in the red-hot generative AI market, Stability has been dogged by headlines suggesting serious internal troubles. As early as last April, it was reportedly burning through cash with no clear pathway to profitability. By August, those financial pressures had been joined by legal issues and controversy about Mostaque, who was accused of a "history of exaggeration" including claiming that he had a master's degree from Oxford and that he'd been a spy for the British government.

 

[GoblinCampFollower]

I'll be curious to see what happens to that company, but sounds like good riddance to another sociopath who lied his way into a high position.

 

[CronoCloud Creeggan]

Grumpy Cat says "Good".

 

[Free]

Why does Grumpy Cat want people to lose their jobs?

 

[Cristiano]

I make extensive use of Stable Diffusion, as most of the larger generative AI platforms have pretty crazy censorship. It is important to keep the platform open, especially since there is nothing open about OpenAI.