Stability AI CEO Emad Mostaque Resigns Amid Chaos at the AI Image Generator Company

that Stability AI, the makers of AI image generator Stable Diffusion, were in trouble, CEO Emad Mostaque stepped down on Saturday.

Taking to X , Mostaque said he was resigning to pursue his goal of decentralized artificial intelligence and that it was his decision to stand down — noting that he remains the majority shareholder.However, there have been reports of chaos at Stability AI with three researchers who developed the core Stable Diffusion model leaving the company recently.

The three German researchers created Stable Diffusion while at university and it was only after Stable Diffusion was published did Stability AI became involved. “Stability, as far as I know, did not even know about this thing when we created it,” Björn Ommer, the professor who supervised the researchers, has said on record. “They jumped on this wagon only later on.”that he exaggerated his educational achievements; exaggerated his links to Amazon Web Services; and outright invented partnerships with UNESCO, OECD, WHO, and World Bank.

The company is now looking for a new CEO but in the meantime has appointed its Chief Operating Officer, Shan Shan Wong, and its Chief Technology Officer, Christian Laforte, as co-CEOs.Stability AI CEO Says AI Poses an ‘Existential Threat to Humanity’

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Stability AI Founder Emad Mostaque Plans To Resign As CEO, Sources SayI am a senior reporter for technology, covering venture capital and startups. I am based out of Forbes' San Francisco bureau, where I previously covered tech billionaires as a wealth reporter, and wrote about artificial intelligence as an assistant editor for technology.
Source: ForbesTech - 🏆 318. / 59 Read more »

Stability AI CEO resigns to ‘pursue decentralized AI’Emad Mostaque has resigned as CEO of Stability AI. The departure comes in the same week another AI startup had major leadership changes.
Source: verge - 🏆 94. / 67 Read more »

CEO of Stability AI Steps Down to Pursue Decentralized AIEmad Mostaque is leaving his role as CEO of Stability AI to pursue decentralized AI. Two interim co-CEOs have been appointed while the company searches for a permanent CEO.
Source: verge - 🏆 94. / 67 Read more »