Inside the $1 billion love affair between Stability AI’s ‘complicated’ founder and tech investors Coatue and Lightspeed—and how it turned bitter within months

Stability AI, led by CEO Emad Mostaque, emerged as one of the first high-flying startups in the generative AI boom, garnering a $1 billion seed valuation. Within months the relationship with investors broke down and spurred a campaign to oust Mostaque, who resigned on Saturday.