Inside the $1 billion love affair between Stability AI’s ‘complicated’ founder and tech investors Coatue and Lightspeed—and how it turned bitter within months - eviltoast
Stability AI, led by CEO Emad Mostaque, emerged as one of the first high-flying startups in the generative AI boom, garnering a $1 billion seed valuation. Within months the relationship with investors broke down and spurred a campaign to oust Mostaque, who resigned on Saturday.