The Information:

Source: Stability AI hired ex- CEO of Weta Digital Prem Akkaraju as new CEO; Akkaraju and Sean Parker are among investors that have stepped in to save Stability  —  Stability AI, a startup that rode the boom in generative artificial intelligence to a $1 billion valuation before experiencing financial trouble …

The Information:

Source: Stability AI hired ex- CEO of Weta Digital Prem Akkaraju as new CEO; Akkaraju and Sean Parker are among investors that have stepped in to save Stability  —  Stability AI, a startup that rode the boom in generative artificial intelligence to a $1 billion valuation before experiencing financial trouble …

Source: TechMeme
Source Link: http://www.techmeme.com/240621/p23#a240621p23