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Stability AI lays off roughly 10 percent of its workforce
April 18, 2024, 3:28 p.m. | Emilia David
The Verge - All Posts www.theverge.com
Illustration by Cath Virginia / The Verge | Photos from Getty Images
Stability AI laid off 20 employees just a day after announcing the expansion of access to its new flagship model. This comes after weeks of upheaval that saw its founding CEO leave the company.
CNBC reports that the layoffs at the UK-based AI company, which runs the Stable Diffusion text-to-image model, represent roughly 10 percent of its workforce. In a memo to staff, interim CEOs Shan Shan Wong …
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