Emad Mostaque

Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and from the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week.

Stability AI, which has been backed by such investors as Lightspeed Venture Partners and Coatue Management, doesn’t have an immediate permanent replacement for the CEO role but has appointed its COO Shan Shan Wong and CTO Christian Laforte as interim co-CEOs, it said in a blog post.

Stability AI, which has lost more than half a dozen key talent in recent quarters, said Mostaque is stepping down to pursue decentralized AI. 

In a series of posts on X, Mostaque opined that one can’t beat “centralized AI” with more “centralized AI,” referring to the ownership structure of top AI startups such as OpenAI and Anthropic.

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