Stability AI is a primary defendant in Andersen v. Stability AI et al., a class-action copyright lawsuit filed by visual artists in January 2023 alleging Stable Diffusion was trained on billions of scraped copyrighted images without consent. In August 2024, a federal judge allowed the artists' core copyright claims to proceed to discovery, finding it plausible that training on and distributing such models constitutes infringement. Stability AI has not admitted wrongdoing; Getty Images filed a separate copyright suit in 2023.
#30 on the board
Stability AI
Open-source generative AI company. Creators of Stable Diffusion.
Key stats
20
Last: Apr 2024
The receipts (5)
Stability AI laid off approximately 20 employees (~10% of its ~200-person workforce) in April 2024, weeks after founder and CEO Emad Mostaque resigned on March 22, 2024 citing strategic disagreements. The cuts largely affected operational staff as interim co-CEOs Shan Shan Wong and Christian Laforte restructured the company amid reports of an $8M/month burn rate and a failed $4 billion fundraising attempt.
The numbers (1)
~20 employees laid off (10% of workforce)
Stability AI cut approximately 20 staff in April 2024 — roughly 10% of its ~200-person workforce — weeks after CEO Emad Mostaque resigned on March 22, 2024. The cuts mostly hit operational roles. Interim co-CEOs Shan Shan Wong and Christian Laforte led the restructuring as the company reportedly burned $8M/month and had failed to raise at a $4B valuation.