Prem Akkaraju is the CEO of Stability AI, best known for its groundbreaking generative AI model, Stable Diffusion. In 2023, Stability AI was named one of "TIME100 Most Influential Companies.” Stable Diffusion models have been downloaded over 168 million times and generated over 80% of AI images online in 2023. In 2024, legendary filmmaker and visual effects pioneer James Cameron invested in Stability AI and joined its Board of Directors. Previously, Prem was the CEO of Weta Digital, the Academy Award-winning film production and visual effects company behind films like Avatar, Avengers: Endgame, and The Lord of the Rings, generating over $22 billion in global box office revenue. At Weta, he founded Weta Cloud, a cloud-based film production pipeline that was later sold to Unity Software for $1.625 billion. Additionally, Prem was an Executive Producer on the Oscar-nominated film, The White Tiger. He has an MBA from Columbia University and lives in Los Angeles with his wife Mary Ann and two kids.