Stability AI reportedly ran out of cash to pay its cloud GPU bills

Post by [deleted] » Fri, Apr 05, 2024, 4:13 AM UTC

barfbagginus wrote: post #39

aurareturn wrote: post #29

Earlier quoted context omitted.

I used to think Adobe was in trouble with Stable Diffusion and Midjourney. Now I realize that Adobe knows how to make money. They'll just add the AI models to Photoshop, Premier, etc and charge an extra $50/month and voila. However, Stable Diffusion and Midjourney does not have a solid vehicle to making money. Maybe in the long term, no one will care about using Photoshop anymore. But we're not even close to there ye…

What evidence do you see indicating that the 20/month is actually profitable? You make the claim, but you have not backed it up. They could easily be eating a loss on GPT+ and the GPT4 AI. They have billions in runway to do that. I have not seen any reports about their expenses or profitability. Perhaps you can link me to some hard facts. Until I see real reason to think otherwise, I'll assume there is a reasonable r…

Post by phantompeace » Fri, Apr 05, 2024, 12:59 PM UTC

barfbagginus wrote: post #39

aurareturn wrote: post #29

Earlier quoted context omitted.

I used to think Adobe was in trouble with Stable Diffusion and Midjourney. Now I realize that Adobe knows how to make money. They'll just add the AI models to Photoshop, Premier, etc and charge an extra $50/month and voila. However, Stable Diffusion and Midjourney does not have a solid vehicle to making money. Maybe in the long term, no one will care about using Photoshop anymore. But we're not even close to there ye…

What evidence do you see indicating that the 20/month is actually profitable? You make the claim, but you have not backed it up. They could easily be eating a loss on GPT+ and the GPT4 AI. They have billions in runway to do that. I have not seen any reports about their expenses or profitability. Perhaps you can link me to some hard facts. Until I see real reason to think otherwise, I'll assume there is a reasonable r…