Cyrus Hodes says he was led to believe by a fellow Stability AI co-founder that his 15 per cent stake was “essentially worthless” months before the start-up hit a $US1 billion valuation.
A second person claiming to be a cofounder of the generative AI startup Stability AI has taken the company and its CEO Emad Mostaque to court in a lawsuit…
A Stability AI co-founder
on Thursday sued the artificial- intelligence startup and its
chief executive, claiming they defrauded him into selling his
15% stake for $100 just three months before the.
Cyrus Hodes says he was led to believe by a fellow Stability AI co-founder that his 15 per cent stake was worthless months before the start-up hit a $US1 billion valuation.
Cyrus Hodes says he was led to believe by a fellow Stability AI co-founder that his 15 per cent stake was worthless months before the start-up hit a $US1 billion valuation.