Is Stability AI In Financial Trouble?

While there is a lot to celebrate in the AI and Gen AI space, the harsh reality of compute costs are sinking in.

The AI Breakdown: Artificial Intelligence News highlights a Bloomberg reports that the company is burning $8m/month while only making $1.2m-$3m, and that investor pressure on the company is mounting.

Is it an indication of the immense cost and difficulty of competing in the AI space?

Frank

#DataScientist, #DataEngineer, Blogger, Vlogger, Podcaster at http://DataDriven.tv . Back @Microsoft to help customers leverage #AI Opinions mine. #武當派 fan. I blog to help you become a better data scientist/ML engineer Opinions are mine. All mine.