Stability AI, the startup behind Stable Diffusion, raises $101M
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. It's quite costly to maintain -- Business Insider reports that Stability AI's operations and cloud expenditures exceeded $50 million. But Mostaque has repeatedly asserted that the company's R&D will enable it to train models more efficiently going forward.
https://finance.yahoo.com/news/stability-ai-startup-behind-stable-170151950.html?guccounter=1