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

The Register
Apr 2, 2024, 8:16 pm134 pts
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…

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