Recently, the star unicorn Stability AI has been facing significant financial pressures and is seeking a sale, with investors calling for the CEO's resignation. Despite frequent product updates, 15 executives have left the company within nine months, drawing attention. Founded in 2019, the company became a unicorn in 2022 and launched the Stable Diffusion model. CEO Mustak has clarified the rumors of a sale, but concerns over internal management issues persist. Meanwhile, the company has secured $50 million in new funding, yet it remains in a predicament of both internal and external challenges.
Stability AI: CEO Resigns Amidst Financial Pressure and 15 Executives Depart in 9 Months
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