Stability AI was founded in 2020 by Emad Mostaque. The company has not publicly endorsed plans to participate in an IPO, with Mustaque, the company's CEO, emphasizing the importance of employees retaining their voting rights within the company.
Stability AI is the developer of Stable Diffusion, an open source text-to-image generator. Like other text-to-image generators, Stability AI's product employs deep learning technology. The company differs, however, in its approach to content moderation—Stability AI has drawn attention for its lack of filters and restrictions. The company has raised more than $100 million in venture capital funding from investors including Coatue Management, Lightspeed Venture Partners, and O'Shaughnessy Ventures. In late 2022, Forbes reported that the company is in talks to raise new capital at a $1 billion valuation.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
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The stock price for Stability AI will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
Stability AI is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Stability AI is a private company and not publicly traded.
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