Stability AI Announces Layoffs Amid Strategic Reshaping
In a recent development that echoes the ongoing turbulence within the tech sector, Stability AI, a prominent UK-based AI company known for its groundbreaking Stable Diffusion text-to-image model, has made a significant shift in its operational strategy by laying off 20 employees, constituting about 10% of its workforce. This move comes on the heels of an announcement to expand access to its newest flagship model, illustrating a complex period of adjustment for the company.
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