Full-Time

Senior Counsel

Ip

Confirmed live in the last 24 hours

Stability AI

Stability AI

51-200 employees

Generative AI models for diverse applications

AI & Machine Learning
Entertainment

Senior

Remote in USA

Remote role with a preference for candidates in California.

Category
Intellectual Property (IP)
Legal & Compliance
Requirements
  • Juris Doctor (JD) degree from an accredited law school and active bar membership in good standing
  • 7+ years of experience as an attorney, with a focus on technology litigation and intellectual property
  • Experience handling an international IP litigation portfolio
  • Deep understanding of intellectual property law (especially copyright law)
  • Passionate about the inner-workings of AI technology
  • Ability to address problems creatively
  • Practical approach to risk mitigation in the face of both legal and business uncertainty
  • Excellent analytical, communication, and problem-solving skills, with the ability to distill complex legal concepts into clear and actionable guidance for non-legal stakeholders
  • Ability to work independently and collaboratively in a fast-paced, dynamic environment
  • Proactive mindset to identify and address legal risks
  • High level of integrity, professionalism, and attention to detail
  • Flexibility to adapt to evolving priorities
  • Ability to foster relationships and collaborate with internal clients
  • Sense of humor and inquisitive attitude focused on problem solving and consensus building
Responsibilities
  • Serve on our disputes and litigation team handling IP matters in US and international jurisdictions
  • Assist in developing and evangelizing a comprehensive IP portfolio strategy taking into account the company’s unique open-source commitments
  • Gain an in-depth understanding of Stability’s products and development processes, including their strengths, limitations, and vulnerabilities
  • Provide expert legal advice and guidance to product, design, and engineering teams to navigate Stability’s pending litigation matters and address future IP risk
  • Work with outside counsel on open litigation and investigation matters with a focus on effectiveness and budget efficiency
  • Provide guidance on patent, copyright, and trademark issues, as they apply to the development and licensing of datasets used to train our AI models, the output of our generative AI products and services, and the hosting of content (such as the DMCA and Article 17)
  • Conduct legal research and stay up-to-date with industry trends, regulatory changes, legal precedents, and emerging technologies that may impact Stability AI's products

Stability AI focuses on generative artificial intelligence, providing advanced AI models that are accessible to a wide range of users, from individual developers to large corporations. Their main product, Stable Diffusion XL, is an open-source AI model that allows users to create innovative applications by downloading, modifying, and using the model freely. This open-source approach encourages collaboration and speeds up innovation in the AI field. In addition to Stable Diffusion XL, Stability AI offers various other models for generating music, language processing, and video content, all of which are also open-source. They provide a membership program that offers additional features like self-hosting, giving clients more control over their AI applications. Stability AI operates on a freemium model, allowing users to access their AI models for free while generating revenue through their membership program, catering to both individual developers and larger enterprises.

Company Stage

Seed

Total Funding

$224.7M

Headquarters

London, United Kingdom

Founded

2019

Growth & Insights
Headcount

6 month growth

-21%

1 year growth

-16%

2 year growth

65%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent $80 million investment and new leadership under Prem Akkaraju could revitalize Stability AI's financial health and strategic direction.
  • The open-source nature of their models encourages widespread adoption and innovation, potentially leading to rapid technological advancements and market penetration.
  • Stability AI's ability to attract high-profile investors like Sean Parker and Eric Schmidt indicates strong confidence in the company's long-term potential.

What critics are saying

  • Financial instability, including a $30 million loss in Q1 2024 and $100 million in debt, poses significant risks to the company's operations and employee job security.
  • The recent leadership changes and restructuring efforts may lead to internal disruptions and affect the company's ability to execute its strategic plans effectively.

What makes Stability AI unique

  • Stability AI's open-source approach with models like Stable Diffusion XL fosters a collaborative environment, setting it apart from competitors who often offer proprietary solutions.
  • Their freemium business model allows them to cater to a wide range of clients, from individual developers to large corporations, unlike many competitors who focus solely on high-paying enterprise clients.
  • The company's focus on generative AI across multiple media types, including music, language, and video, provides a diverse portfolio that few competitors can match.

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