Emad Mostaque, the CEO and founder of open source platform Stability AI, hinted at plans to go public in the next few years, during the Cerebral Valley AI Conference in San Francisco on Thursday. He also shut down the idea that Stability AI, an OpenAI rival and leader in the generative artificial intelligence space, will ever get acquired.
“I think you can’t just IPO,” Mostaque said during an interview with journalist Eric Newcomer. “You need to have amazing revenue, amazing margins, distribution, and so we’ve been executing…we’re 17 months old.” He also said that the business model of S
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Stability AI CEO has the ambition to IPO in next few years
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