Tag: Stability AI

Stability AI launches Stable Diffusion XL 1.0, its latest image generator; Know all about it
27Jul By adminNo Comments
Technology

Stability AI launches Stable Diffusion XL 1.0, its latest image generator; Know all about it

[ad_1] With each day passing, we are seeing more generative AI platforms being introduced. As these tools are made easily accessible the competition within the market has grown with competitors like Midjourney and Adobe. Keeping the ever-growing user demand in mind, Stability AI has launched its improved version of the image generation model, Stable Diffusion XL 1.0. The company claims that the current model is its most advanced offering in the segment. However, there are some ethical issues still persistent in the model.According to a Tech Crunch report, Stability AI launched a text-to-image model called Stable Diffusion XL 1.0, which it claimed to be the “most advanced” tool released now. The platform is available in open source in GitHub alongside Stability's API and consumer apps, C...
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Stability AI Co-Founder Says He Was Duped Into Selling Stake for $100
14Jul By adminNo Comments
Technology

Stability AI Co-Founder Says He Was Duped Into Selling Stake for $100

[ad_1] A Stability AI Ltd. co-founder has sued the company, claiming he was tricked into selling his stake for $100 months before the British artificial intelligence startup hit a $1 billion valuation.Cyrus Hodes said he sold his 15% stake in Stability AI to another co-founder, Emad Mostaque, in two transactions in October 2021 and May 2022, according to a federal lawsuit filed Thursday in San Francisco. Hodes alleges that Mostaque had led him to believe the company was “essentially worthless.” By August 2022, Stability AI had unveiled Stable Diffusion, an image creation tool, and announced $101 million in venture capital funding, vaulting the startup to the forefront of the red-hot generative AI sector, according to the suit. Hodes accused Mostaque, who's also the company's chief execu...
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AI jobs loss: No techies in future and ChatGPT on every phone WITHOUT Internet, says Stability AI CEO
6Jul By adminNo Comments
Technology

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

[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...
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GPT-4 ‘Is The Best Therapist.’ Stability AI CEO Says There’s No AI Bubble
1Apr By adminNo Comments
Technology

GPT-4 ‘Is The Best Therapist.’ Stability AI CEO Says There’s No AI Bubble

[ad_1] While most of the tech industry stumbles under the weight of rising interest rates, it's boom times for artificial intelligence startups. Take Stability AI, the company that popularized the Stable Diffusion image generator, and which has been in talks to raise money at a $4 billion valuation.Stability AI's deal talks follow a $10 billion infusion for OpenAI, and a spate of other major financing rounds this month. The sky-high dollar values have prompted the question: Is the AI industry in a bubble? Stability AI Chief Executive Officer Emad Mostaque answered that question at a conference on Thursday. “Of course not,” he said. “This is bigger than 5G or self-driving cars. ” Mostaque appeared at the Cerebral Valley Summit, hosted by the tech news Substack Newcomer and the startup Vo...
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Digital Media Firm Stability AI Raises Funds at $1 Billion Value
18Oct By adminNo Comments
Technology

Digital Media Firm Stability AI Raises Funds at $1 Billion Value

[ad_1] The parent company of Stable Diffusion has reached unicorn status after raising funds from top names in venture capital. The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status after raising funds from some top names in venture capital. Stability AI Ltd. raised $101 million in a seed round led by Coatue Management and Lightspeed Venture Partners, according to a statement reviewed by Bloomberg News. The round values London-based Stability AI at around $1 billion, according to a person familiar with the matter who asked to not be identified because the details are private. A representative for Stability AI declined to comment on the valuation. Stable Diffusion is among a handful of upstart A.I. models with ...
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