Stability Ai Appoints Prem Akkaraju As Chief Executive Officer and Receives Cash Infusion From Investor Group Including Sean Parker
Stability Ai Appoints Prem Akkaraju As Chief Executive Officer and Receives Cash Infusion From Investor Group Including Sean Parker
06/21/24, 7:29 PM
Location
Industry
information technology
Position
chief executive officer
British artificial intelligence startup Stability AI has appointed Prem Akkaraju as its new chief executive officer. Akkaraju, the former CEO of Weta Digital, is part of a group of investors including former Facebook President Sean Parker that has stepped in to save Stability with a cash infusion.
Company Info
Location
88 notting hill gate
london, england, united kingdom
Additional Info
Stability AI is the world's leading open source generative artificial intelligence company, collaborating with public and private sector partners to bring next generation infrastructure to a global audience. Headquartered in London with developers across the globe, Stability AI's open source ethos provides the definitive path for cutting-edge research in imaging, language, code, audio, video, 3D content, design, biotech and other scientific studies.