Leaked deck raises questions over Stability AI’s Series A pitch to investors

• stablediffusion

  108 36,226 0.0 Python

  High-Resolution Image Synthesis with Latent Diffusion Models

  

Most of the latent and stable diffusion authors also work at Stability AI, as do many other generative AI research leaders in media.

Naming rights on the model were no part of the compute grant, we give them incredibly freely and also support. Naming was suggested by the researchers in this case.

We don't just put out compute, but made sure to clear up everything from Stable Diffusion 2 onwards 100% trained by Robin and team: https://github.com/Stability-AI/stablediffusion

• RWKV-LM

  84 11,619 8.8 Python

  RWKV is an RNN with transformer-level LLM performance. It can be directly trained like a GPT (parallelizable). So it's combining the best of RNN and transformer - great performance, fast inference, saves VRAM, fast training, "infinite" ctx_len, and free sentence embedding.

This is dumb.

We employed Eleuther team members as Stability AI employees/contractors and incubated them until the 501(c)3 was set up and we managed to bring in other funders too: https://techcrunch.com/2023/03/02/stability-ai-hugging-face-...

I am on the board and delighted to continue to support their work as an independent organisation for LM evaluation, alignment and interpretability which is much needed.

Indeed though our approach was handing out significant compute for no control, no equity, no IP.

Anyone who has received Stability AI grants will be able to attest to this with multiple breakthroughs as a result, for example funding https://github.com/BlinkDL/RWKV-LM, the work of https://github.com/lucidrains and others.

Similarly we funded the beta of MidJourney with a cash grant for compute without ever even floating asking for equity etc as it is a market-creating innovation.

At the time MidJourney was using cc12m_1, a model developed by one of our lead (employed) generative AI developers Katherine Crownson / RiversHaveWings (https://github.com/crowsonkb/v-diffusion-pytorch)

Our model is simply to take open innovation and create commercial variants of that (our stable series models) from scratch and on our own, plus variants of that for private data - https://twitter.com/EMostaque/status/1649152422634221593?s=2...

This means we can be hands off versus other funders and trust researchers and help them succeed, something others do not.

• InfluxDB

  www.influxdata.com sponsored

  Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.

  

• v-diffusion-pytorch

  10 690 0.0 Python

  v objective diffusion inference code for PyTorch.

This is dumb.

We employed Eleuther team members as Stability AI employees/contractors and incubated them until the 501(c)3 was set up and we managed to bring in other funders too: https://techcrunch.com/2023/03/02/stability-ai-hugging-face-...

I am on the board and delighted to continue to support their work as an independent organisation for LM evaluation, alignment and interpretability which is much needed.

Indeed though our approach was handing out significant compute for no control, no equity, no IP.

Anyone who has received Stability AI grants will be able to attest to this with multiple breakthroughs as a result, for example funding https://github.com/BlinkDL/RWKV-LM, the work of https://github.com/lucidrains and others.

Similarly we funded the beta of MidJourney with a cash grant for compute without ever even floating asking for equity etc as it is a market-creating innovation.

At the time MidJourney was using cc12m_1, a model developed by one of our lead (employed) generative AI developers Katherine Crownson / RiversHaveWings (https://github.com/crowsonkb/v-diffusion-pytorch)

Our model is simply to take open innovation and create commercial variants of that (our stable series models) from scratch and on our own, plus variants of that for private data - https://twitter.com/EMostaque/status/1649152422634221593?s=2...

This means we can be hands off versus other funders and trust researchers and help them succeed, something others do not.

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