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4 days ago · Sean Parker, Napster founder, has joined Stability AI as executive board chairman and Prem Akkaraju has been appointed as the company's CEO. The company, which was reportedly facing financial difficulties, has had some of its debt forgiven by new investors and has been released from future obligations amounting to $300 million, primarily owed to cloud computing providers.
2 days ago · Sean Parker and Eric Schmidt Give a Small But Much-Needed Lifeline to Embattled Stability AI Stability AI is the latest addition to former Google CEO Eric Schmidt's vast A.I. startup portfolio.
4 days ago · Tue, Jun 25, 2024, 1:37 PM 2 min read. LA-based Stability AI named media and tech exec Prem Akkaraju CEO and Napster founder Sean Parker executive chair as the imaging, language, code and audio ...
3 days ago · FILE – Sean Parker arrives at an event on May 6, 2017, in Culver City, Calif. Stability AI announced Tuesday, June 25, 2024, what it described as a “significant” infusion from new investors including Facebook’s former president and Napster co-founder Parker, who will now chair the company’s board.
4 days ago · Stability AI appoints Prem Akkaraju as CEO amid financial challenges, aiming to stabilize the company with a bailout led by Sean Parker. British AI startup Stability AI, known for its image generation model Stable Diffusion, is undergoing a significant shakeup. According to The Information, the company has appointed Prem Akkaraju, CEO of Weta ...
4 days ago · FILE - Sean Parker arrives at an event on May 6, 2017, in Culver City, Calif. Stability AI announced Tuesday, June 25, 2024, what it described as a "significant" infusion from new investors including Facebook's former president and Napster co-founder Parker, who will now chair the company's board.
4 days ago · FILE - Sean Parker arrives at an event on May 6, 2017, in Culver City, Calif. Stability AI announced Tuesday, June 25, 2024, what it described as a "significant" infusion from new investors ...
