Stability AI CEO Emad Mostaque exits startup ‘hollowed out’ by departures, mismanagementStability AI CEO Mostaque resigns, leaving a turbulent legacy. The startup grapples with leadership changes, financial strains, and operati...
27 Mar, 2024, 12.29 AM IST
Stability AI founder steps down to pursue 'decentralised AI'Emad Mostaque resigns from Stability AI to focus on decentralized AI. Interim co-CEOs appointed. Investors include Lightspeed Venture Partn...
24 Mar, 2024, 10.14 AM IST
AI startup Jasper acquires image generator Clipdrop from Stability AIJasper acquires AI-powered photo app Clipdrop from Stability AI. Stability AI focuses on open models. Clipdrop had 15M+ users. Jasper and S...
22 Feb, 2024, 07.16 PM IST
Stability AI has explored sale as investor urges CEO to resignThe London-based firm has presented itself as an acquisition target in recent weeks, and held early-stage conversations with multiple compa...
29 Nov, 2023, 08.51 PM IST
Stability AI cofounder sues CEO for claiming he was duped into selling stake for $100In a complaint filed in San Francisco federal court, Cyrus Hodes said CEO and cofounder Emad Mostaque convinced him Stability AI was "essen...
14 Jul, 2023, 09.52 AM IST
OpenAI’s Sam Altman disagrees with Elon Musk on pausing AI researchAsked about Tesla cofounder and Twitter boss Elon Musk’s stance on wanting to halt AI research, Sam Altman said he would prefer external au...
09 Jun, 2023, 03.25 PM IST
AI pioneer Geoffrey Hinton says its threat to world may be 'more urgent' than climate changeGeoffrey Hinton, widely known as one of the "godfathers of AI", recently announced he had quit Alphabet after a decade at the firm, saying ...
06 May, 2023, 07.43 AM IST
European consumer protection bodies urged to investigate ChatGPT, othersBEUC, the umbrella group for 46 consumer organisations from 32 countries, set out its worries in separate letters earlier this month to the...
24 Apr, 2023, 07.18 PM IST
Japan government eyes AI adoption as OpenAI CEO Sam Altman mulls opening officeThe remarks from Hirokazu Matsuno, a top government spokesperson, came shortly before Sam Altman, chief executive of OpenAI, met Japanese p...
10 Apr, 2023, 09.57 AM IST
Italy probes Meta over abuse of position in music rights caseLast month, Meta, which owns Facebook, Whatsapp and Instagram, failed to reach a deal with SIAE to renew the copyright license. As a result...
05 Apr, 2023, 02.44 PM IST
Joe Biden to meet with experts on AI 'risks and opportunities'The White House said the Democratic president would use the AI meeting to "discuss the importance of protecting rights and safety to ensure...
04 Apr, 2023, 06.10 PM IST
Elon Musk calls San Francisco a town of the ‘Walking Dead’Musk was responding to a thread from US journalist and author Ashlee Vance who said during his 20-minute walk in the city, that he was witn...
04 Apr, 2023, 11.54 AM IST
Italy temporarily bans ChatGPT over privacy concernsThe move comes days after a group of artificial intelligence experts and industry executives wrote an open letter calling for a six-month p...
02 Apr, 2023, 11.38 AM IST
Elon Musk's AI letter is a 'hot mess' of hype, say criticsBillionaire Tesla boss Musk and other luminaries wrote that "AI systems with human-competitive intelligence can pose profound risks to soci...
30 Mar, 2023, 04.15 PM IST
Elon Musk, experts urge pause on training AI systems more powerful than GPT-4Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in training systems more...
29 Mar, 2023, 01.24 PM IST
It's not just Italy. Shock moves engulf all-or-nothing marketsInvestors seem increasingly prone to flee assets at the first hint of trouble.
05 Jun, 2018, 11.52 AM IST
Saudi billionaires said to move funds to escape asset freezeSome Saudi billionaires and millionaires are selling investments in neighboring GCC countries.
09 Nov, 2017, 06.55 PM IST