Venture FOMO Returns as Investors Chase Artificial Intelligence Deals
Venture capitalists are shaking themselves out of a bear market slumber to chase deals in a pocket of artificial intelligence that’s spilled into the mainstream this year: AI that generates art, videos and writing.
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.
Stability AI Newest Addition To Unicorn Stable
The AI-driven visual art startup is the company behind Stable Diffusion—a free, open-source text-to-image generator launched last month.
AI startup Stability AI raises $101M in new funding
Stability AI is the developer of Stable Diffusion, an open-source neural network that can generate images based on text prompts from users. The startup released the code for Stable Diffusion in August. Since then, Stability AI says, the neural network has been downloaded by more than 200,000 developers.
Digital Media Firm Stability AI Raises Funds at $1 Billion Value
Stability AI Ltd. raised $101 million in a seed round led by Coatue Management and Lightspeed Venture Partners, according to a statement reviewed by Bloomberg News.
Top AI investors reveal State of AI in 2022
If you think artificial intelligence (AI) is moving at a breakneck speed and it’s almost impossible to keep up, you’re not alone. Even if being on top of all things AI is part of your job, it’s getting increasingly hard to do that.
La fabrication d'images, nouvelle prouesse de l'IA
New artificial intelligence software is able to generate illustrations from a simple sentence. The result is spectacular.
"Art is dead Dude" - the rise of the AI artists stirs debate
Mr Mostaque says he's not worried about putting artists out of work - the project is a tool like Microsoft's spreadsheet software Excel, which - he notes - "didn't put the accountants out of work, I still pay my accountants".