Stable Diffusion creator Stability AI raises $101M funding to accelerate open-source AI

by | Oct 18, 2022 | Technology

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There’s no shortage of groundbreaking technology underpinning generative AI, but one key innovation is is diffusion models. Inspired by thermodynamic concepts, diffusion models have piqued the public interest, quickly displacing generative adversarial networks (GANs) as the go-to method for AI-based image generation. 

These models learn by corrupting their training data with incrementally added noise and then determining how to reverse this noising process in order to recover the original image. After being trained, diffusion models can use these denoising methods to generate new “clean” data from random input. Popular text-to-image generators such as DALL-E 2, Imagen and Midjourney all use diffusion models. Another key entrant in this category is Stability AI, the startup behind the Stable Diffusion model, a powerful, free and open-source text-to-image generator that launched in August 2022. 

Founded in 2020 by Emad Mostaque, Stability AI claims to be the world’s first community-driven, open-source artificial intelligence (AI) company that aims to solve the lack of “organization” within the open-source AI community.  

“AI promises to solve some of humanity’s biggest challenges. But we will only realize this potential if the technology is open and accessible to all,” said Mostaque. “Stability AI puts the power back into the hands of developer communities and opens the door for groundbreaking new applications. An independent entity in this space supporting these communities can create real value and change.”

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