According to recent reports, one of the firms and companies focused on the development of artificial intelligence models, namely Stability AI, has been involved in discussions to sell the company recently. For now, Stability AI has not issued any comments regarding this latest report.
Stability AI has produced several artificial intelligence models, including for generating images, generating videos and even audio. Some models are also offered as open source, and for research purposes. One of the products produced and popularly used is Stable Diffusion, which offers the convenience of producing images from text-based input.
According to reports, Stability AI has lost over $30 million, and is nearly $100 million in debt in terms of bills to pay for servers and such.
It is not yet known who will buy this firm.