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Stability AI to lay off some staff weeks after CEO's resignation
short by Mansi Agarwal / on Thursday, 18 April, 2024
Stability AI will lay off an undisclosed number of employees as part of a restructuring process, the UK-based AI startup said in an internal memo seen by Reuters. This comes weeks after Founder Emad Mostaque stepped down as CEO to pursue decentralised AI. The startup had around 200 employees globally as of last October.
read more at Reuters