Founder and CEO of Stability AI resigns

Emad Mostaque, founder and CEO of Stability AI, has stepped down to become an advocate for decentralized AI. Mostaque founded the company in 2020 and was instrumental in developing the popular open-source image generation model Stable Diffusion, which has seen hundreds of millions of downloads since its release in August 2022. However, during his tenure, Stability AI also faced controversy and legal issues. The company will now be led by COO Shan Shan Wong and CTO Christian Laforte on an interim basis while a permanent replacement is sought.

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