Startups Weekly: Big shake-ups at the AI heavyweights techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Stability AI, led by CEO Emad Mostaque, emerged as one of the first high-flying startups in the generative AI boom, garnering a $1 billion seed valuation. Within months the relationship with investors broke down and spurred a campaign to oust Mostaque, who resigned on Saturday.
Inflection AI and Stability AI are the latest billion-dollar A.I. startups to undergo major leadership changes. Inflection's co-founders have joined Microsoft.