Stability AI Raises $101M at $1B valuation
techcrunch.com
Stability AI Raises $101M at $1B valuation
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Re: Stability AI Raises $101M at $1B valuation
#2How does this change their organizational model now they have VC money?
> “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. We’re completely independent,” Mostaque told TechCrunch in a previous interview. “We plan to use our compute to accelerate open source, foundational AI.”
Re: Stability AI Raises $101M at $1B valuation
#3That didn't take long to sell out.
Re: Stability AI Raises $101M at $1B valuation
#4On what business model exactly?
Re: Stability AI Raises $101M at $1B valuation
#5On what business model exactly?
According to the article, they plan to train private models. They claim to have done R&D that makes them more efficient at training models.
Re: Stability AI Raises $101M at $1B valuation
#6This is the one that took over the community stable diffusion subreddit moderation from a kid right?
Re: Stability AI Raises $101M at $1B valuation
#7Makes the stalling on releasing 1.5 publicly more understandable. Hopefully they won't become the next "OpenAI" but the material incentives are not aligned with public releases.
Re: Stability AI Raises $101M at $1B valuation
#8On what business model exactly?
DreamStudio got one million users already, generating 17 million images. Granting that most people don't pay in (I got $2 credit for 200 generations by logging in), a $10/1000 images is still, ah, good enough I'd say. Especially if they stayed fresh by agglutinating all the advances in the open ecosystem.
Re: Stability AI Raises $101M at $1B valuation
#9On what business model exactly?
DreamStudio got one million users already, generating 17 million images. Granting that most people don't pay in (I got $2 credit for 200 generations by logging in), a $10/1000 images is still, ah, good enough I'd say. Especially if they stayed fresh by agglutinating all the advances in the open ecosystem.
You aren’t factoring in the cost of running the model on GPU instances. They might make a bit, not sure if it’s enough to satisfy their investors.
Re: Stability AI Raises $101M at $1B valuation
#10See also "Stability event happening now. News so far: Animation API next week, DreamStudio Pro in progress (automatic gen of video from music, latent space exploration) will fund 100 PHDs this year. Their cluster is 4000 A100s on AWS and wants to grow 5x-10x next year. will reduce by half price of Dreamstudio"
https://old.reddit.com/r/StableDiffusion/comments/y6v0v9/sta...