ITEM

Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs Item Info

Title:
Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs
Creator:
Mann, T.
Date Created:
2024-04-03
Description:
Recounts how an AI company apparently ran out of funds to pay compute charges.
Subjects:
week-2 generative-AI news
Resource URL:
https://www.theregister.com/2024/04/03/stability_ai_bills/
Annotation:
How will companies recoup such enormous costs?
Submitter:
Ribaric, Tim
Source
Preferred Citation:
"Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs", AI.LD,
Reference Link:
https://elibtronic.github.io/AIL_Database/items/ail_027.html