MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos

Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs

Wednesday April 3, 2024. 02:16 AM , from TheRegister
Generative AI darling was on track to pay $99M on compute to generate just $11M in revenues
The massive GPU clusters needed to train Stability AI's popular text-to-image generation model Stable Diffusion are apparently also at least partially responsible for former CEO Emad Mostaque's downfall – because he couldn’t find a way to pay for them.…

Related News

News copyright owned by their original publishers | Copyright © 2004 - 2024 Zicos / 440Network
Current Date
Apr, Sun 21 - 11:02 CEST