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Stability AI CEO Emad Mostaque exits startup ‘hollowed out’ by departures, mismanagement

Economic Times · 11m

Stability AI's CEO, Emad Mostaque, has resigned amidst a wave of departures from the company. The startup, which had previously raised $101 million in funding, is now facing financial struggles, legal troubles, and a loss of research talent. Mostaque's management style was described as chaotic, with frequent shifts in focus and outlandish claims. Stability AI is now in a precarious position, with its future uncertain. Mostaque plans to focus on decentralizing AI in his next endeavor.