21 June 2024

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 (The Information)

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 …

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