I've spent the last half hour trying to figure out what this company is, and I still have no idea. My first stop was their website and I could not find a single sentence providing concrete details regarding their value proposition. It's just a bunch of vacuous statements which paint themselves as some sort of iconoclastic visionaries. Please do check it out for yourself and tell me it's not just a bunch of nonsense.…
Stability AI Raises $101M at $1B valuation
51–58 of 58 posts
Re: Stability AI Raises $101M at $1B valuation
#52Re: Stability AI Raises $101M at $1B valuation
#53Earlier quoted context omitted.
The investors are buying into a toolset for what will potentially become open source AGI that is already blowing the competition out of the water in terms of capabilities, speed of development, and access/reach. Add together large language models with text and code interpretation/generation + diffusion + vision + speech and sound + embodiment = what might you get? It's unlikely investors care more than an inkling abo…
Leading to AGI? I have been using deep learning professionally for about seven years (and neural networks since the 1980s with a commercial product and I wrote the model for SAIC’s bomb detector they did for the FAA). Personally, as awesomely useful as deep learning is, I don’t see the path to AGI. I think AGI will be a hybrid of DL, GOFAI, and things not yet invented.
Out of curiosity - what is GOFAI?
Re: Stability AI Raises $101M at $1B valuation
#54Earlier quoted context omitted.
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.
Does that sound like a $1 billion business to you? Even at 6 figure profit per model, they are going to need to build up a huge sales arm to do enough business for that valuation. I think they are expecting to become some sort of artist's tool, but since the model is open source and artist's tend to have good GPUs, Adobe can crush them by putting their own model (or a similar proprietary model from Adobe) into photos…
Does it seem like this group is moving quickly and making waves in a potentially huge market? Yes. Is this still a lot of money and very risky? Also yes.
Re: Stability AI Raises $101M at $1B valuation
#55Earlier quoted context omitted.
Leading to AGI? I have been using deep learning professionally for about seven years (and neural networks since the 1980s with a commercial product and I wrote the model for SAIC’s bomb detector they did for the FAA). Personally, as awesomely useful as deep learning is, I don’t see the path to AGI. I think AGI will be a hybrid of DL, GOFAI, and things not yet invented.
Sure but the comment is still an appealing pitch to investors, and probably can be read broadly to include "things not yet invented". Out of curiosity - what is GOFAI?
Re: Stability AI Raises $101M at $1B valuation
#56Earlier quoted context omitted.
The investors are buying into a toolset for what will potentially become open source AGI that is already blowing the competition out of the water in terms of capabilities, speed of development, and access/reach. Add together large language models with text and code interpretation/generation + diffusion + vision + speech and sound + embodiment = what might you get? It's unlikely investors care more than an inkling abo…
Leading to AGI? I have been using deep learning professionally for about seven years (and neural networks since the 1980s with a commercial product and I wrote the model for SAIC’s bomb detector they did for the FAA). Personally, as awesomely useful as deep learning is, I don’t see the path to AGI. I think AGI will be a hybrid of DL, GOFAI, and things not yet invented.
Re: Stability AI Raises $101M at $1B valuation
#57Re: Stability AI Raises $101M at $1B valuation
#58I've spent the last half hour trying to figure out what this company is, and I still have no idea. My first stop was their website and I could not find a single sentence providing concrete details regarding their value proposition. It's just a bunch of vacuous statements which paint themselves as some sort of iconoclastic visionaries. Please do check it out for yourself and tell me it's not just a bunch of nonsense.…
That's not unusual.
As long as the investors understand it, that's fine.
Even though the investors have no clue what it does, it's still fine as long as the investors are willing to write the cheque.