INIT ML


Associated tags: Stability, IOS, Research, MacOS, Machine learning, Product Hunt, Adobe Photoshop, Android, AI, Stable Diffusion, Senior, Medical device, Microsoft Windows, Engineering, Innovation

Stability AI Acquires Init ML, Makers of Clipdrop Application

Retrieved on: 
Tuesday, March 7, 2023
Stability, IOS, Acquisition, Research, MacOS, Machine learning, Product Hunt, Adobe Photoshop, Android, AI, Stable Diffusion, Senior, Medical device, Microsoft Windows, Engineering, Innovation

LONDON, March 7, 2023 /PRNewswire/ -- Stability AI, the world's leading open source generative AI company, announces that it has acquired Init ML, makers of the globally popular imaging tool Clipdrop.

Key Points: 
  • LONDON, March 7, 2023 /PRNewswire/ -- Stability AI , the world's leading open source generative AI company, announces that it has acquired Init ML, makers of the globally popular imaging tool Clipdrop.
  • "We are excited to integrate the latest upcoming Stability AI generative models into the Clipdrop platform, enabling our technology to be easily accessible by creators everywhere," said Stability AI founder and CEO Emad Mostaque.
  • Init ML will operate as a wholly-owned, independent subsidiary of Stability AI, with all of its employees remaining on board.
  • Init ML CEO Cyril Diagne said, "Stability AI's support of Init ML will bolster our efforts to create world-class, simple and elegant products powered by state-of-the-art multi-modal generative AI models.