2024-06-24 16:14:10.AIbase.9.8k
Visual Effects Expert Takes Over as CEO of Stability AI to Drive New Developments in Text-to-Image Generation
UK-based AI startup Stability AI has appointed Prem Akkaraju as its new CEO. Akkaraju previously served as the CEO of visual effects company Weta Digital and is also one of Stability AI's investors. The investor lineup for Stability AI is impressive, including former Facebook president Sean Parker among others, with total investments exceeding 1.