Stability AI, a leading open generative AI company,announced the expansion of its senior team with key industry leaders who will support the company’s growth and path to commercialization. New hires include sales, engineering, product and operations talent from Google, Amazon Web Services (AWS), Twitter, Uber, IBM, and other technology companies.
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Since March, Stability AI has increased headcount by 30 percent and launched nearly two dozen new products, including text-to-image language model SDXL 1.0, open-source language model StableLM, and coding assistant StableCode. The company is working with AWS to make its text-to-image models on Amazon Bedrock, thereby demonstrating both companies’ commitment to delivering customers and developers the best available generative AI solutions. Further, Stability AI has added clients and is working with HubSpot, Tome, Jasper, Supermicro, and others, delivering on its mission to democratise AI through scale and accessibility of generative technologies.
Stability AI is developing cutting-edge research in-house and across communities to bring multimodal generative AI to enterprises, small businesses, and user groups worldwide. According to Goldman Sachs Research, AI is predicted to bring improvements to employee productivity and the global economy, driving global GDP growth by 7 percent in a 10-year period.
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Stability AI is managed by a team of seasoned executives, including Chief Technology Officer Tom Mason, General Counsel Adam Avrunin, Chief Financial Officer Peter O’Donoghue, and many others, all under the leadership of Chief Executive Officer Emad Mostaque. “Stability AI is thrilled to welcome these impressive and highly skilled individuals to our senior team, which will allow us to scale our business, enter new markets, stay ahead of the innovation curve and engage with global stakeholders to cement a positive generative AI future,” said Stability AI CEO Emad Mostaque. “We are on an exciting growth trajectory and our ambitious product release strategy is demonstrating to the world the power of generative AI as a tool to unlock humanity’s potential.”
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