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Stability AI CEO urged to resign...

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Rowan Cheung

November 30, 2023

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Welcome, AI enthusiasts.

A new report details drama and potential sales chatter at Stability AI — including a letter from its top investor calling for the CEO to be replaced.

Is there… instability at the open-source AI leader? Let’s dive deeper…


In today’s AI rundown:

  • Stability AI explores sale amid executive turmoil

  • DeepMind AI multiplies materials knowledge

  • 10 new AI tools to try

  • How to optimize your calendar with ChatGPT

  • Together AI nabs $102M to fuel open AI

  • Perplexity debuts real-time LLM API

  • HeyGen reveals new funding, avatar upgrades

Read time: 3 minutes

LATEST DEVELOPMENTS

STABILITY AI

🚨 Stability AI explores sale amid executive turmoil

Image source: Stability AI

The Rundown: Stability AI, one of the world’s leading open-source AI companies, is reportedly exploring a sale following a letter from investors urging the CEO to resign over financial instability and management issues.

The details:

  • Coatue, Stability AI’s biggest investor, called for CEO Emad Mostaque to step down a year after leading Stability AI's $101M funding round.

  • According to Bloomberg, Stability has held acquisition talks with Cohere and Jasper but claims it is not actively trying to sell.

  • The news comes amid cultural issues that spurred executive departures as the company rapidly expanded staff for new releases.

Our thoughts: Despite the name, Stability AI seems a bit… Unstable? While it hasn’t seemed to impact shipping new models (see yesterday’s news), a sale and the potential drama could have major implications for the open-source champion of the AI space.

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GOOGLE DEEPMIND

🪨 DeepMind AI multiplies materials knowledge

Image source: Nature

The Rundown: A new tool by Google DeepMind called ‘GNoME’ just generated recipes for 2.2 million potentially stable new inorganic compounds — a 10x explosion of the known materials catalog.

The details:

  • The graph-based AI tweaked combinations of existing compounds from large materials databases to make predictions.

  • Using 48,000 compounds from the Materials Project, GNoME generated 2.2M potential structures (80% success rate).

  • 381,000 of the materials are expected to be synthesizable — with DeepMind making the code public for widespread testing.

  • New materials include battery and solar cell components missed by prior algorithms.

The relevance: Between this materials breakthrough, the weather accuracy algorithm, to AlphaFold’s drug discovery, Google DeepMind continues to push science forward with the immense data-crunching power of AI.

QUESTION OF THE DAY

TRENDING TOOLS

🤖 Arch.dev- The bridge between your customers’ data & your code. 500+ sources, unlimited tenants, auto-embeddings, and instant APIs (link)*

📘 Julius AI- Solves math, analyzes data, and creates visualizations (link)

🖼️ Krea- Upscale and enhances images with AI (link)

🌊 DeepSeek AI- Open-source and created with 2 trillion bilingual tokens (link)

🎥 Syllaby- Effortless video marketing to brainstorm, create, and share (link)

💡 Notion Expert GPT by HelpKit- Harness the power of AI to become a master of Notion (link)

👤 Avatar Generator by HeadshotPro- Transform your photo into a cute avatar (link)

🔎 Manot- Get crucial insights into the blind spots of your computer vision model (link)

🔥 Jasper- An AI copywriter assistant that can generate any kind of marketing copy (link)

💘 Longshot- ChatGPT for enterprises. Upload your docs, fact check, ensure zero hallucinations and integrate anywhere (link)

Browse the most popular tools ever featured with our tool database.

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AI TRAINING

🗓️ How to optimize your calendar with ChatGPT

Feeling overwhelmed looking at your calendar? Tons of meetings piling up?

Try this great trick below from @Jodie_Cook to have ChatGPT analyze your schedule and help focus on high-impact work:

Step 1: Upload your calendar. Screenshot your calendar for the upcoming week, and use ChatGPT Vision to upload the image.

Step 2: Ask for specific recommendations. Have ChatGPT analyze your calendar using the prompt below:

"Review the attached calendar. Ask clarifying questions to identify low-priority tasks to delegate/reschedule. Flag unnecessary commitments. Focus my time on the most valuable responsibilities."

Step 3: Implement the changes. ChatGPT will suggest optimizing and consolidating your calendar to create focus. The tips are shockingly good!

And just like that — you can take back control of your schedule with the help of AI. Let us know in the polls below if this tip was helpful!

QUICK HITS

☁️ Together AI nabs $102M to fuel open AI

Cloud platform startup Together AI, which helps companies efficiently run open-source models on pricey GPUs, just announced a hefty $102.5M raise. The funding positions the company as a potential leader in backing accessible alternatives to (ironically) closed giants like OpenAI.

🚀 Perplexity debuts real-time LLM API

AI startup Perplexity just launched the first-ever online LLM API available to the public, featuring constantly updated models that use knowledge from the internet. Pulling live data, the pplx-7b-online and pplx-70b-online bots target helpfulness and accuracy over pure scale.

🗣️ HeyGen reveals avatar upgrades

AI video startup HeyGen can reportedly now generate avatars from smartphone clips in just 5 minutes, thanks to new breakthroughs in the company’s model architecture. The increased capabilities come alongside a fresh $5.6M raise announced Wednesday, valuing the firm at a cool $75M.

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THAT’S A WRAP

That’s it for today’s news in the world of AI!

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai

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