Emad Mostaque – pressnews

[ad_1] U.S. writing assistant startup Jasper has acquired Clipdrop, an artificial intelligence-powered photo application from Stability AI, the company told Reuters on Wednesday, as Jasper expands its offerings to corporates.The deal, the terms of which were not disclosed, marks a reversal in strategy for Stability AI, a London-based startup known for its image generation AI model, which acquired Clipdrop less than a year ago. In an emailed statement, Emad Mostaque, CEO at Stability AI said the deal will allow the company to continue to focus on developing "cutting-edge open models". Founded in July 2020, Paris-based Clipdrop had raised seed investment from Air Street Capital before being sold to Stability AI in March 2023 for an undisclosed amount. At the time, Clipdrop said it had mor...

[ad_1] There are many debates about ChatGPT and the most virulent ones is on AI jobs loss potential. Experts believe that AI has the potential to revolutionize various fields and will reduce human intervention totally. However, that will cause mass scale job losses with even techies likely to feel the negative effect. And this is the case at the moment when we are yet to utilize its full potential.No need for Techies!Recently, Stability AI CEO, Emad Mostaque, in a Moonshots and Mindset podcast with Peter H. Diamandis, stated that in the next five years, no human programmers will be required as AI can itself generate high-value codes by itself. As ChatGPT is also involved, it will also help the tech industry to write codes and can write various content with full authenticity and accuracy...

Tag: Emad Mostaque

AI startup Jasper acquires image generator Clipdrop from Stability AI

AI jobs loss: No techies in future and ChatGPT on every phone WITHOUT Internet, says Stability AI CEO