British AI startup StabilityAI appoints Prem Akkaraju as new CEO, with over $100M in investor funds and possible stake reduction. Company refuses to comment. TapTechNews coverage.
StabilityAI released SD3Medium, an advanced open source model that outperforms Midjourney6 and has features like realistic image generation, ease of use, and plans for video/audio expansion. With example pictures.
StabilityAI launches StableAudioOpen, an open-source audio generation model that can create high-quality audio samples based on prompts. It operates in the latent space and is suitable for various sound effects. Try it on HuggingFace.
StabilityAI, a text-to-image AI giant, is negotiating financing while facing financial challenges and has had layoffs. It released a new model with improved features.