“Indeed, it is our belief this technology will be prevalent, and the paternalistic and somewhat condescending attitude of many AI aficionados is misguided in not trusting society.” “A percentage of people are simply unpleasant and weird, but that’s humanity,” Mostaque said in a previous interview. Stability AI has taken a largely hands-off approach to moderation to date, including filtering tools with the open source Stable Diffusion package but allowing users and companies to deploy the system how they wish so long as they follow the terms of the company’s license. Eshoo (D-CA) to the National Security Advisor (NSA) and the Office of Science and Technology Policy, in which she urged the NSA and OSTP to address the release of “unsafe AI models” that “do not moderate content made on their platforms.”
Stability AI was even the subject of a recent critical letter from U.S. (Stable Diffusion was trained on a data set that includes copyrighted works - and even private medical records.) And Getty Images banned the upload of content generated by systems like Stable Diffusion, over fears of intellectual property disputes. The open source release of Stable Diffusion has been used to create objectionable content like graphic violence and pornographic, nonconsensual celebrity deepfakes. The company’s work hasn’t escaped controversy, it’s worth noting. But Mostaque has repeatedly asserted that the company’s R&D will enable it to train models more efficiently going forward. It’s quite costly to maintain - Business Insider reports that Stability AI’s operations and cloud expenditures exceeded $50 million. Stability AI has a cluster of more than 4,000 Nvidia A100 GPUs running in AWS, which it uses to train AI systems, including Stable Diffusion. “We plan to use our compute to accelerate open source, foundational AI.” We’re completely independent,” Mostaque told TechCrunch in a previous interview. “Nobody has any voting rights except our employees - no billionaires, big funds, governments or anyone else with control of the company or the communities we support. Mostaque co-founded and bootstrapped Stability AI in 2020, motivated both by a personal fascination with AI and what he characterized as a lack of “organization” within the open source AI community. Having graduated from Oxford with a master’s in mathematics and computer science, he served as an analyst at various hedge funds before shifting gears to more public-facing works. London- and San Francisco–based Stability AI is the brainchild of CEO Emad Mostaque. The tranche values the company at $1 billion post-money, according to a Bloomberg source, and comes as the demand for AI-powered content generation accelerates. Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC.
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