Stability AI to lay off more than 20 employees
2024-04-18 21:46:29
Stability AI, a developer of meta-universe and digital media tools, has laid off more than 20 staff to "resize" its business. According to publicly available online data, Stability AI's layoffs account for about 10% of its global workforce, and the company employs about 200 people in total.
Metaverse and digital media tool development company Stability AI completed a $101 million seed round of financing.