The Deserved Death of Stability AI

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He had an Oxford master's degree. He advised the United Nations. He built Stable Diffusion — the free AI that changed the internet — and raised money at a $1 billion valuation. Then a Forbes investigation with more than 30 sources took the story apart... piece by piece.

This is the rise and fall of Stability AI and Emad Mostaque: the resume that improved with every telling, the $99 million a year in cloud bills against $11 million in revenue, the researchers who built the miracle and walked out the door, the AI-generated Aristotle that praised "a modern Prometheus" days before the resignation — and where the greatest storyteller of the AI gold rush is now. (Spoiler: he's predicting the end of the economy.)

Mostaque has disputed the reporting; his responses are included in this video.

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