Monthly Archives: October 2022

Stability AI, proponent of hands-off AI image generation, gets a $1 billion valuation

Sample images generated by Stable Diffusion. | Image: The Verge via Lexica Stability AI, the company behind popular text-to-image AI program Stable Diffusion, has raised new funding that values the company at around $1 billion (according to a report from Bloomberg citing a “person familiar with the matter”). It’s a significant validation of the company’s…

Google antitrust complainants call for EU to shutter its Shopping Ads Units

The European Commission is facing fresh calls to make good on its 2017 antitrust decision against Google Shopping by banning Google from displaying its own shopping comparison ads units in search results — boxes which Google populates with revenue-generating ads — as they argue the self-preferencing units constitute an ongoing competition abuse by the adtech…