The companys world-class team, breakthrough models and unique developer internet attracted me to take on the CEO role.

Stability AI said its text-to-image models are the most liked on the open-source AI community called Hugging Face.

The company is also surrounded by one of the largest and most active AI open-source communities.

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Prem Akkaraju and Sean ParkerCourtesy/Sean Parker Foundation

Im committed to the open-source principles that Stability AI was built upon, Parker said.

With the new appointments, Jim OShaughnessy retires as chairman.

James Cameron