What do you name an AI firm that’s affected by very public gyrations relating to its enterprise well being, place out there, and management construction? Effectively, you may name it Stability AI. And no, that’s not some type of elaborate wordplay. We’re being literal.

Stability AI’s newest management shakeup isn’t any joke, with its CEO Emad Mostaque departing to work on AI products that are less centralized — which is to say, owned and constructed by a single firm, like, say, Stability AI.

The startup’s fundraising journey is well-known to tech of us, whereas its best-known product — Secure Diffusion — is thought much more broadly. What occurred? What’s subsequent? We dig into all that and extra in at the moment’s For Millionaires Minute: