Director James Cameron has joined the Board of Directors of Stability AI. Cameron has made some fantastic films about AI taking over the world, and now he’s in a position to help prevent that from happening in real life.
Cameron, who is also a technological innovator, once said of the emergence of AI technology: “I warned you in 1984 and you didn’t listen.”
Cameron’s announcement was made by Stability AI CEO Prem Akkaraju, and the director joins Dana Settle, co-founder and managing partner of Greycroft; Colin Bryant, COO and general partner of Coatue Management; and Sean Parker, entrepreneur, philanthropist and former president of Facebook, who serves as executive chairman.
The company said Cameron’s addition represents “a significant step forward in Stability AI’s mission to transform visual media. Both Cameron and Stability AI operate at the intersection of emerging technology and creativity. Cameron’s artist-centric perspective and commercial and technical acumen will support Stability AI in continuing to unlock new opportunities to enable creators to tell stories in ways once unimaginable.”
Akkaraju said in a statement: “James Cameron lives in the future and waits for the rest of us to join him. Stability AI’s mission is to transform visual media for the next century by offering creators a complete AI pipeline to bring their ideas to life.
“We have an unrivaled advantage in achieving this goal with a technological and creative visionary like James at the highest levels of our company. This is not only a monumental statement for Stability AI, but for the AI industry as a whole. The next frontier of visual media will be forged by a true fusion of artist and technology, and Stability AI is at the forefront.”
Stability AI revealed that it has raised $233 million in five rounds and its valuation is close to $1 billion.
Source: deadline
by Joey Paur
Source: Geek Tyrant

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