Sources: Stability AI looks to bring in a Sheryl Sandberg-like exec after burning through a big chunk of $100M raised in 2022 without generating much revenue (Reed Albergotti/Semafor) 07-04-2023

Reed Albergotti / Semafor:
Sources: Stability AI looks to bring in a Sheryl Sandberg-like exec after burning through a big chunk of $100M raised in 2022 without generating much revenue — Stability AI, one of the hottest companies in artificial intelligence, is burning through cash and has been slow to generate revenue …