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- Stability AI CEO urged to resign...
Stability AI CEO urged to resign...
PLUS: Google DeepMind creates ChatGPT for chemistry
Rowan Cheung
November 30, 2023
Welcome, AI enthusiasts.
A new report details drama and potential sales chatter at Stability AI — including a letter from its top investor calling for the CEO to be replaced.
Is there… instability at the open-source AI leader? Let’s dive deeper…
In today’s AI rundown:
Stability AI explores sale amid executive turmoil
DeepMind AI multiplies materials knowledge
10 new AI tools to try
How to optimize your calendar with ChatGPT
Together AI nabs $102M to fuel open AI
Perplexity debuts real-time LLM API
HeyGen reveals new funding, avatar upgrades
Read time: 3 minutes
LATEST DEVELOPMENTS
STABILITY AI
Image source: Stability AI
The Rundown: Stability AI, one of the world’s leading open-source AI companies, is reportedly exploring a sale following a letter from investors urging the CEO to resign over financial instability and management issues.
The details:
Coatue, Stability AI’s biggest investor, called for CEO Emad Mostaque to step down a year after leading Stability AI's $101M funding round.
According to Bloomberg, Stability has held acquisition talks with Cohere and Jasper but claims it is not actively trying to sell.
The news comes amid cultural issues that spurred executive departures as the company rapidly expanded staff for new releases.
Our thoughts: Despite the name, Stability AI seems a bit… Unstable? While it hasn’t seemed to impact shipping new models (see yesterday’s news), a sale and the potential drama could have major implications for the open-source champion of the AI space.
TOGETHER WITH IMAGINE AI CONFERENCE
The Rundown: The pace of AI is relentless, even for the most informed individuals. Opportunities for transformative solutions that can revolutionize business are emerging at an unprecedented speed.
Mark your calendar for a one-of-a-kind experience at the first cross-industry AI enterprise summit, March 27-28, at the new Fontainebleau Las Vegas.
Join like-minded AI leaders, thinkers, and disruptors in a collaborative quest to redefine business and the future of work with AI.
GOOGLE DEEPMIND
Image source: Nature
The Rundown: A new tool by Google DeepMind called ‘GNoME’ just generated recipes for 2.2 million potentially stable new inorganic compounds — a 10x explosion of the known materials catalog.
The details:
The graph-based AI tweaked combinations of existing compounds from large materials databases to make predictions.
Using 48,000 compounds from the Materials Project, GNoME generated 2.2M potential structures (80% success rate).
381,000 of the materials are expected to be synthesizable — with DeepMind making the code public for widespread testing.
New materials include battery and solar cell components missed by prior algorithms.
The relevance: Between this materials breakthrough, the weather accuracy algorithm, to AlphaFold’s drug discovery, Google DeepMind continues to push science forward with the immense data-crunching power of AI.
QUESTION OF THE DAY
Should AI startups open-source their models?Vote below (click for live results) |
TRENDING TOOLS
🤖 Arch.dev- The bridge between your customers’ data & your code. 500+ sources, unlimited tenants, auto-embeddings, and instant APIs (link)*
📘 Julius AI- Solves math, analyzes data, and creates visualizations (link)
🖼️ Krea- Upscale and enhances images with AI (link)
🌊 DeepSeek AI- Open-source and created with 2 trillion bilingual tokens (link)
🎥 Syllaby- Effortless video marketing to brainstorm, create, and share (link)
💡 Notion Expert GPT by HelpKit- Harness the power of AI to become a master of Notion (link)
👤 Avatar Generator by HeadshotPro- Transform your photo into a cute avatar (link)
🔎 Manot- Get crucial insights into the blind spots of your computer vision model (link)
🔥 Jasper- An AI copywriter assistant that can generate any kind of marketing copy (link)
💘 Longshot- ChatGPT for enterprises. Upload your docs, fact check, ensure zero hallucinations and integrate anywhere (link)
Browse the most popular tools ever featured with our tool database.
* = This is sponsored content
AI TRAINING
Feeling overwhelmed looking at your calendar? Tons of meetings piling up?
Try this great trick below from @Jodie_Cook to have ChatGPT analyze your schedule and help focus on high-impact work:
Step 1: Upload your calendar. Screenshot your calendar for the upcoming week, and use ChatGPT Vision to upload the image.
Step 2: Ask for specific recommendations. Have ChatGPT analyze your calendar using the prompt below:
"Review the attached calendar. Ask clarifying questions to identify low-priority tasks to delegate/reschedule. Flag unnecessary commitments. Focus my time on the most valuable responsibilities."
Step 3: Implement the changes. ChatGPT will suggest optimizing and consolidating your calendar to create focus. The tips are shockingly good!
And just like that — you can take back control of your schedule with the help of AI. Let us know in the polls below if this tip was helpful!
QUICK HITS
Cloud platform startup Together AI, which helps companies efficiently run open-source models on pricey GPUs, just announced a hefty $102.5M raise. The funding positions the company as a potential leader in backing accessible alternatives to (ironically) closed giants like OpenAI.
AI startup Perplexity just launched the first-ever online LLM API available to the public, featuring constantly updated models that use knowledge from the internet. Pulling live data, the pplx-7b-online and pplx-70b-online bots target helpfulness and accuracy over pure scale.
AI video startup HeyGen can reportedly now generate avatars from smartphone clips in just 5 minutes, thanks to new breakthroughs in the company’s model architecture. The increased capabilities come alongside a fresh $5.6M raise announced Wednesday, valuing the firm at a cool $75M.
Browse all available AI job positions with our job board.
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THAT’S A WRAP
That’s it for today’s news in the world of AI!
If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai
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