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Stability AI Cofounder Says He Was Tricked Into Selling Stake For $100

Cyrus Hodes alleges that Mostaque, the CEO, “fraudulently cheated” him out of a stake that within months was worth $150 million on an undiluted basis.

City ofUnited kingdomUnited statesZehra qureshiEmad mostaqueTayab waseemCyrus hodesAvi weitzmanPaul hastingsMotez bisharaUs district courtNorthern districtStable diffusionTrinity challengeStability ai

Inflection, Runway and Stability receive funding as capital pours into generative AI startups

Inflection, Runway and Stability receive funding as capital pours into generative AI startups - SiliconANGLE

Michael dellMustafa suleymanEric schmidtReid hoffmanBill gatesAndy jassyMotez bisharaPat gelsingerEmad mostaqueBloomberg technology summitStability ai ltdRunway ai incAlphabet incInflection ai incNvidia corpMicrosoft corp

Inflection, Runway and Stability get new funding as capital pours into generative AI startups

Inflection, Runway and Stability get new funding as capital pours into generative AI startups - SiliconANGLE

Pat gelsingerMotez bisharaAndy jassyMustafa suleymanMichael dellBill gatesEric schmidtEmad mostaqueReid hoffmanAlphabet incRunway ai incAlphabet googleStability ai ltdMicrosoft corpBloomberg technology summitInflection ai inc

Stability AI Secures Convertible Note After Fundraising Struggle

Stability AI Secures Convertible Note After Fundraising Struggle
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Stability AI Secures Convertible Note After Fundraising Struggle

(Bloomberg) Stability AI, the artificial intelligence startup that has been struggling to raise funding at a $4 billion valuation, secured a convertible note from investors, according to people with knowledge of the matter.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkrainePutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSupreme Court Rejects Use of Race in University AdmissionsRolex and Pat

Bloomberg businessweekMotez bisharaEmad mostaqueRachel metzBloomberg technology summitStable diffusionAshton kutcherChief executive officer emad mostaque