London-based Stability AI, which focuses on generative AI for imaging, language, coding and audio, has named former Microsoft and 20th Century Fox executive, Hanno Basse, as its new Chief Technology Officer (CTO). The appointment is part of the company’s plans to continue strengthening its leadership team with top-tier industry professionals.

Prem Akkaraju, former CEO of visual effects company Weta Digital, was appointed CEO, while former Facebook president Sean Parker is now executive chairman. The bolstered leadership team and new investment could provide the stability needed for the London-founded AI firm to carve out a sustainable business in the fast-evolving generative AI sector.

Hanno Basse is an entertainment industry veteran, having held previous roles including CTO of Microsoft Azure Media and Entertainment, where he was responsible for implementing Azure’s cloud technology, along with edge and AI solutions, and CTO of 20th Century Fox Film Corporation. A distinguished figure in the field, Basse is a member of the Academy of Motion Picture Arts and Sciences and a Fellow of the Society of Motion Picture and Television Engineers. He holds an impressive 30 patents to his name.

Hanno Basse, CTO Stability AI, commented: “I’m thrilled to be joining Stability AI, one of the pioneering companies of generative AI. Stability AI’s track record is nothing short of amazing, with its culture of rapid innovation, scientific creativity and ability to build an enthusiastic user community in a short period of time.

“GenAI will permeate many aspects of our professional and personal lives and I’m looking forward to working with Prem and the entire leadership team at Stability to make profound and meaningful contributions to this technology.”

Prem Akkaraju, Stability AI’s new CEO, concluded: “We are thrilled to announce the addition of such a seasoned CTO to the Stability AI team. Hanno has incredible experience implementing groundbreaking technologies in the entertainment industry and will now help us lead the way in revolutionising the generative AI industry.”