EMemadm·Apr 23, 2023
This is dumb.
We employed Eleuther team members as Stability AI employees/contractors and incubated them until the 501(c)3 was set up and we managed to bring in other funders too: https://techcrunch.com/2023/03/02/stability-ai-hugging-face-...
I am on the board and delighted to continue to support their work as an independent organisation for LM evaluation, alignment and interpretability which is much needed.
Indeed though our approach was handing out significant compute for no control, no equity, no IP.
Anyone who has received Stability AI grants will be able to attest to this with multiple breakthroughs as a result, for example funding https://github.com/BlinkDL/RWKV-LM, the work of https://github.com/lucidrains and others.
Similarly we funded the beta of MidJourney with a cash grant for compute without ever even floating asking for equ
Read the rest
ity etc as it is a market-creating innovation.
At the time MidJourney was using cc12m_1, a model developed by one of our lead (employed) generative AI developers Katherine Crownson / RiversHaveWings (https://github.com/crowsonkb/v-diffusion-pytorch)
Our model is simply to take open innovation and create commercial variants of that (our stable series models) from scratch and on our own, plus variants of that for private data - https://twitter.com/EMostaque/status/1649152422634221593?s=2...
This means we can be hands off versus other funders and trust researchers and help them succeed, something others do not.