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Published 14 days ago

Maker of Stable Diffusion Conducts Mass Layoffs

Summary by Futurism

Sink or Swim For months now, the company behind the Stable Diffusion AI image generator has been publicly falling apart — and now it's conducting mass layoffs. As CNBC reports, Stability AI — the creator of the image generator — laid off 20 people this week as the company attempts to "right-size" its business model in the wake of the publicity-garnering exit of its former CEO Emad Mostaque last month. In an email to employees, the company's new …

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Maker of Stable Diffusion Conducts Mass Layoffs

Sink or Swim For months now, the company behind the Stable Diffusion AI image generator has been publicly falling apart — and now it's conducting mass layoffs. As CNBC reports, Stability AI — the creator of the image generator — laid off 20 people this week as the company attempts to "right-size" its business model in the wake of the publicity-garnering exit of its former CEO Emad Mostaque last month. In an email to employees, the company's new …

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