There’s a big report on troubles at AI startup Stability AI from Forbes.
The article, citing interviews with more than 30 sources, paints a picture of a shaky business run by a founder, Emad Mostaque, who’s skilled at taking credit for others’ work and exaggerating his own achievements. It follows earlier stories about the firm burning through cash. Mostaque himself has responded here to the allegations put forward by Forbes.
It’s tricky to parse this evidence. Is missing payroll a damning sign of incompetence, for example, or unsurprising for a fast-moving startup? We’ll have to see how Stability AI navigates these rapids.