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Stability AI

From Wikipedia, the free encyclopedia
Stability AI
Company typePrivate company
IndustryArtificial intelligence
Founded2019; 5 years ago (2019)
FoundersEmad Mostaque
Websitestability.ai

Stability AI is an artificial intelligence company, best known for its text-to-image model Stable Diffusion.

History and founding

Stability AI was founded in 2019 by Emad Mostaque, who also initially funded the company.[1][2][3]

In August 2022 Stability AI rose to prominence with the release of its source and weights available text-to-image model Stable Diffusion.[1]

On March 23, 2024, Emad Mostaque stepped down from his position as CEO. The board of directors appointed COO, Shan Shan Wong, and CTO, Christian Laforte, as the interim co-CEOs of Stability AI.[4]

Funding and investors

Stability AI's early stages were significantly supported by Mostaque's own investments.[5] A notable milestone in the company's funding history was a $101 million investment round led by Coatue and Lightspeed Venture Partners, with O’Shaughnessy Ventures LLC also participating.[5]

Product and application

Stability AI has made contributions to the field of generative AI, most notably through Stable Diffusion. This AI model has change the way images can be generated from textual descriptions. Beyond Stable Diffusion, Stability AI also develops Video, Audio, 3D, and text models.[6]

Litigation

Stability AI has faced legal challenges, notably from Getty Images, which accused the company of misusing over 12 million photos from its collection to train Stability AI's AI image-generation system, Stable Diffusion. This lawsuit, filed in Delaware federal court, is part of a series of actions against Stability AI concerning the use of images in AI training. Getty Images alleges that Stability AI copied these images without proper licensing, using them to enhance Stable Diffusion's ability to generate accurate depictions from user prompts.[7]

References

  1. ^ a b Roose, Kevin (2022-10-21). "A Coming-Out Party for Generative A.I., Silicon Valley's New Craze". The New York Times. ISSN 0362-4331. Retrieved 2024-06-28.
  2. ^ Prescott, Katie (29 February 2024). "Stability AI rejects photo copyright claims in High Court case". thetimes.
  3. ^ Cai, Kenrick (March 29, 2024). "How Stability AI's Founder Tanked His Billion-Dollar Startup". Forbes.
  4. ^ Warren, Tom (23 March 2024). "Stability AI CEO resigns to "pursue decentralized AI"". The Verge.
  5. ^ a b Wiggers, Kyle (17 October 2022). "Stability AI, the startup behind Stable Diffusion, raises $101M". TechCrunch.
  6. ^ Kerner, Sean Michael (5 June 2024). "Stability AI debuts new Stable Audio Open for sound design". VentureBeat.
  7. ^ Brittain, Blake (February 7, 2023). "Getty Images lawsuit says Stability AI misused photos to train AI". Reuters. Retrieved February 17, 2024.