AI startup Jasper acquires image generator Clipdrop from Stability AI
U.S. writing assistant startup Jasper has acquired Clipdrop, an artificial intelligence-powered photo application from Stability AI, the company told Reuters on Wednesday, as Jasper expands its offerings to corporates.The deal, the terms of which were not disclosed, marks a reversal in strategy for Stability AI, a London-based startup known for its image generation AI model, which acquired Clipdrop less than a year ago. In an emailed statement, Emad Mostaque, CEO at Stability AI said the deal will allow the company to…