Exactly. This reminds me of Fast.co [0] who recently shutdown after attempting to raise more VC capital when it was revealed that they only made 600K and with a very high burn rate.
I don't see how it is so difficult for many commenters here to see that investors were mislead by the claims made by Stability.ai's IP, and now they're also are burning cash with questionable revenues being generated whilst begging to VCs again to raise at a higher valuation.
Some of these investors just run into hype and get burned repeatedly and never learn from FOMO.
[0] https://techcrunch.com/2022/04/05/fast-shuts-doors-after-slo...