Stability AI CEO Resigns Amid Controversies Over AI Image Tech Firm's Direction
• Stability AI CEO Emad Mostaque resigned following disputes with investors and many senior staff departures • Mostaque co-founded Stability AI in 2019 and attracted controversy as CEO over legal disputes and questionable claims • Stability AI is known for Stable Diffusion, a popular AI image generation tool, and is valued at $1 billion • Investor Coatue Management called for Mostaque to resign amid tensions over Stability AI's finances and leadership • Stability AI gained notice but also wariness for tech like Stable Diffusion that can easily create convincing fake images