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Stability AI Announcement — Stability AI

Mar 23, 2024 - news.bensbites.co
Emad Mostaque has stepped down as CEO of Stability AI and from his position on the Board of Directors to focus on decentralized AI. The Board of Directors has appointed Shan Shan Wong, the Chief Operating Officer, and Christian Laforte, the Chief Technology Officer, as interim co-CEOs. The company is currently searching for a permanent CEO to lead the next phase of growth.

The change in leadership is seen as an opportunity for Stability AI, its management team, Board of Directors, and investors to realize the full vision for the company's next stage of growth. The company is committed to preserving its team, technology, and community, ensuring Stability AI remains a leader in open multi-modal generative AI.

Key takeaways:

  • Emad Mostaque has resigned as CEO of Stability AI and from his position on the Board of Directors to pursue decentralized AI.
  • Shan Shan Wong and Christian Laforte have been appointed as the interim co-CEOs of Stability AI.
  • The Board of Directors is actively searching for a permanent CEO to lead the company into its next phase of growth.
  • This leadership change is seen as an opportunity for Stability AI, its management team, Board of Directors, and investors to realize the full vision for the company's next stage of growth.
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