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The Maker of Stable Diffusion, Stability AI Is Collapsing, Considering Sale
https://futurism.com/the-byte/stability-ai-collapsing-considering-sale
According to The Information, the company generated less than $5 million in revenue in the first quarter of this year, while losing more than $30 million.
The ironically-named venture is now reportedly sitting on $100 million worth of outstanding bills
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Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away
A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially senior-level ones, leaving the company, often to work at competitors.
Some company leaders are adamant that remote work can disrupt a company’s ability to innovate. However, there’s research suggesting that RTO mandates aren’t beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don’t increase company value.
https://cdn.arstechnica.net/wp-content/uploads/2024/05/RTO.pdf
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