manitcor@lemmy.intai.techM to Artificial Intelligence - News | Events@lemmy.intai.techEnglish · 1 year ago

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

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Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100

www.semafor.com

manitcor@lemmy.intai.techM to Artificial Intelligence - News | Events@lemmy.intai.techEnglish · 1 year ago

0

cross-posted to:
technology@lemmy.world

Co-founder of Stability AI, worth billions, says he was tricked into selling stake for $100 | Semafor

www.semafor.com

Cyrus Hodes said he sold his 15% stake to CEO Emad Mostaque just before the firm raised $101 million at a $1 billion valuation.

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