Stability AI says Emad Mostaque resigned as CEO and from the board “to pursue decentralized AI”; COO Shan Shan Wong and CTO Christian Laforte named interim CEOs
Mostaque has told a number of people close to him that he plans to step down as chief executive …
Forbes
Related Coverage
- Stability AI Announcement Stability AI · Bryce Wilson
- Startup Stability AI CEO Emad Mostaque Steps Down Bloomberg
- Stability AI founder and CEO Emad Mostaque resigns VentureBeat
- Stability AI CEO resigns to ‘pursue decentralized AI’ The Verge · Tom Warren
- Stability AI CEO resigns because you're ‘not going to beat centralized AI with more centralized AI’ TechCrunch · Manish Singh
- Stability AI CEO Emad Mostaque steps down to focus on decentralized AI The Decoder · Matthias Bastian
- Stability AI CEO Emad Mostaque Resigns Amidst Turmoil Cryptopolitan · Glory Kaburu
- Emad Mostaque Steps Down as CEO of Stability AI Analytics India Magazine · Siddharth Jindal
- Stability AI, Makers of Stable Diffusion, Could Be in Huge Trouble PetaPixel · Matt Growcoot
- Emad Mostaque resigned as CEO of Stability AI Hacker News
Discussion
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@emostaque
@emostaque
on x
Not going to beat centralized AI with more centralized AI. All in on #DecentralizedAI Lots more 🔜
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@emostaque
@emostaque
on x
As my notifications are RIP some notes: 1. My shares have majority of vote @StabilityAI 2. They have full board control The concentration of power in AI is bad for us all I decided to step down to fix this at Stability & elsewhere Will be sharing more soon Exciting times
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@emostaque
@emostaque
on x
* by they - my shares have full board control aha So its a decision by me as it were We should have more transparent & distributed governance in AI as it becomes more and more important Its a hard problem, but I think we can fix it..
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@clementdelangue
Clem
on x
I might be working this weekend as it sounds like we're in challenging times for AI CEOs 😅😅😅 Kidding aside, thanks for all your contributions to open-source AI @EMostaque and let's support @StabilityAI for them to keep pushing the field!
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@stabilityai
@stabilityai
on x
An announcement from Stability AI: https://stability.ai/...
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@emostaque
@emostaque
on x
Information theory ftw 🙌 The most important thing in AI is not GPUs but coordination & governance. We must decentralize AI before it is too late 👊 lfg
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@magicsilicon
Pushkar Ranade
on x
“CEO of Stability AI resigned to pursue ... decentralized AI.” 🤔
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@emostaque
@emostaque
on x
Self-sovereign AI
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@axl99
@axl99
on x
“plans to resign” isn't resigned but that just says to me the hype cycle for this can't sustain itself for much longer and this dude wants off this ride before his business and international law catches up with him
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@amir
Amir Efrati
on x
A headline that people in the genAI field have been expecting for more than a year. https://stability.ai/... [image]
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@emostaque
@emostaque
on x
@OfficialLoganK Best distribution
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@stevenheidel
Steven Heidel
on x
again, https://openai.com/careers
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@technology
@technology
on x
Stability AI CEO Emad Mostaque has resigned from the British artificial intelligence startup following quarrels with investors and senior staff departures https://www.bloomberg.com/...
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@emostaque
@emostaque
on x
All in on #DecentralizedAI
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@kenrickcai
Kenrick Cai
on x
For context on Stability AI, read our investigation last year into founder Emad Mostaque, which revealed a track record of exaggeration and overstatement. Got a tip? I'm on Signal at 415-570-9972 and email at kcai@forbes.com. https://www.forbes.com/...
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@kenrickcai
Kenrick Cai
on x
Update: Stability AI has confirmed our reporting on CEO Emad Mostaque's resignation. The abrupt move comes without a permanent replacement set up. COO Shan Shan Wong and CTO Christian Laforte take over in the interim, while the board commences a search. https://www.forbes.com/...…
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@mgsiegler
M.G. Siegler
on x
Wait for it... Wait for it... Instability AI
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@emostaque
@emostaque
on x
Also there is no presale, TGE or token fml If there was though I would call it stable coin 😏
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@edzitron
Ed Zitron
on x
Now Stability Ai's ceo is quitting after a staff exodus over his failure to commercialise. Stability burns $8m a month as of October 2023. OpenAI probably escaped this by getting “funding” from Microsoft in cloud credits, though I bet it still burns cash https://www.forbes.com/..…
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@officiallogank
@officiallogank
on x
Open source is not just good for the world, it's good for business.
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@basedbeffjezos
@basedbeffjezos
on x
Centralized AI companies scrape your data and rent it back to you. Decentralized AI means more than OSS, it means distribution ownership of the wealth produced by the models. Looking forward to seeing what Emad cooks next.
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@scobleizer
Robert Scoble
on x
The developers who left tell me they hated working for Christian Laforte who they say is not technical and a crappy manager. This is not a healthy company and the situation there is not good for the AI industry. Worse he was put in place by the investors who are freaking out...
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@nathanwchan
Nate Chan
on x
Not so stable 🤔 [image]
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@emostaque
@emostaque
on x
@edu_yeh ehehe
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@amasad
Amjad Masad
on x
Corporate AI drama is accelerating faster than AI itself. [image]
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@emostaque
@emostaque
on x
@amasad we must accelerate
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@kenrickcai
Kenrick Cai
on x
Scoop: Stability AI's Emad Mostaque is planning to step down as CEO, according to three people who he told directly. It comes after the research team behind AI image generator Stable Diffusion resigned last week. From @_IainMartin and me: https://www.forbes.com/...
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@gregbensinger
@gregbensinger
on x
One should not name their company something that will be ironic later when bad things happen
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r/MachineLearning
r
on reddit
[N] Stability AI Founder Emad Mostaque Plans To Resign As CEO
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r/singularity
r
on reddit
Stability AI Announcement — Mostaque resigns as CEO
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r/ArtistHate
r
on reddit
StabilityAI CEO Emad Mostaque quitting as the company burns 8 mil a month - totally not a bubble. So long scumbag.