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🤖 OpenAI Safety Staff Are Jumping Ship
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Welcome, humans.
Here’s what you need to know about AI today:
Stable Diffusion is collapsing
You can now control an iPhone or iPad with your eyes with Apple’s new features
Google releases AI that can predict how the human body’s molecules behave, boosting drug discovery research
New ChatGPT prompts to try
New Midjourney prompts
Let’s go!
🗞 News of the day
Stable Diffusion Is Collapsing
Stability AI, the creator of Stable Diffusion, is grappling with severe financial challenges.
Financial Struggles: Stability AI, which raised $100 million in 2022 and achieved a valuation of $1 billion, is now facing a cash crunch. The company generated less than $5 million in revenue in Q1 2022 but suffered losses exceeding $30 million. With $100 million in outstanding bills, the company is under enormous financial strain.
Leadership and Legal Issues: The former CEO, Emad Mostaque, who left the company in March, has been accused of exaggerating his qualifications and making false claims about his background. The company is also embroiled in legal disputes with Getty Images over intellectual property rights, further exacerbating its financial woes.
Uncertain Future: With key researchers departing in March and the CEO's controversial exit, Stability AI's future appears bleak. The company is struggling to find a buyer willing to take on its significant debt amidst stiff competition in the AI industry.
The potential sale could signal the end of what was once a promising startup, and any prospective buyer should proceed with caution due to the company's financial instability.
🔍 Research, Latest Development and Startups:
You can now control an iPhone or iPad with your eyes with Apple’s new features.
Google releases AI that can predict how the human body’s molecules behave, boosting drug discovery research.
OpenAI staffers responsible for safety are jumping ship.
Publishers horrified by a new Google AI feature that could kill what's left of journalism.
OpenAI strikes a deal with Reddit to bring content to ChatGPT.
🚀 Try New ChatGPT Prompts
🎨 Midjourney Prompts
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That’s all for today.
Keep innovating with AI until next time! |
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