Stability AI stabilized by investment from Silicon Valley royalty, new executive team

Generative AI company Stability AI says it's poised to accelerate development of its text-to-image products thanks to a fresh round of investments and a management shakeup. The model developer on Tuesday announced it has secured investors including venture capital outfits Greycroft and Coatue Management, plus former Facebook …

[Zack Mollusc]

AFAIUI

The third step is profit.