And they do not intend to sell the business in the near future.
Stability AI, which is the creator of the Stable Diffusion neural network generator, may go public in the near future. At the Cerebral Valley AI conference, Emad Mostak, the company's founder and CEO, discussed this.
Mostak says Stability AI will need to do some research before it goes public. Right now, the business isn't ready to go public.
Mostak rejected the idea of selling Stability AI to a large investor during the presentation. Now the company is actively seeking investments, but Mostak still has control over Stability AI.
Before entering the Stability AI exchange, it is expected to increase revenues, but also to deal with legal challenges. Several lawsuits have been filed against the company: Stability AI is accused of copyright infringement while training Stable Diffusion.
This is an interesting post.
