AIFA & Stability AI comments in Financial Times’ Sifted

Read the full article here.

👉 Some context:

Stability AI (co-creator of Stable Diffusion) has recently been the subject of increased press-attention, due to some internal turmoil. The Financial Times’ Sifted reached out to AIFA for comment, as we hosted Stability at our Google launch event the week prior, which was Stability's first public event since the news regarding its CEO was released.

"The cost of large-scale custom models is prohibitive at the moment and very hard to sustain unless you are a large corporate,” says Roeland Decorte, founder of the AI Founders Association, an industry group for entrepreneurs working in the space.

“They [Stability AI] need to be creative in the way they make revenue.”

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AIFA x Google Event (30 Nov 2023)