Stability AI acquires Init ML, makers of Clipdrop application

Stability AI, the world’s leading open-source generative AI company, announces that it has acquired Init ML, makers of the globally popular imaging tool Clipdrop. The deal bolsters Stability AI’s drive to build best-in-class applications using its powerful open-source generative AI models. It also provides Clipdrop’s developers with advanced AI technology and computing power for its next generation of imaging tools.