By Akash Sriram and Krystal Hu Stability AI said on Tuesday it has raised funds and appointed industry veteran Prem Akkaraju as its top boss, months after the exit of founder and CEO Emad Mostaque ...

Another investor, Prem Akkaraju, is becoming CEO. He’s the former CEO of film production and visual effects company Weta Digital. Stability’s previous CEO and co-founder Emad Mostaque quit in ...

At Weta, Prem led the development of a robust cloud-based film production pipeline, which was sold to Unity Software in November 2021 for $1.625 billion.

L.A.-based Stability AI named media and tech exec Prem Akkaraju CEO and Napster founder Sean Parker executive chair as the imaging, language, code and audio generative AI company closed an initial ...

L.A.-based Stability AI named media and tech exec Prem Akkaraju CEO and Napster founder Sean Parker executive chair as the imaging, language, code and audio generative AI company closed an initial ...

L.A.-based Stability AI named media and tech exec Prem Akkaraju CEO and Napster founder Sean Parker executive chair as the imaging, language, code and audio generative AI company closed an initial ...

Stability AI appoints Prem Akkaraju as CEO The new funding will likely shrink the stakes of some existing investors, who have collectively contributed more than $100 million, according to the report.