Co-invented latent diffusion (basis for Stable Diffusion, Flux); leads Black Forest Labs building open-source multimodal models for images, video, audio, and robot action prediction; company has 100+ employees across Germany and San Francisco.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
The company behind Flux and latent diffusion is converging image, video, audio, and action prediction into unified multimodal models that can serve as 'brains' for robots, with early production use cases in high-end filmmaking reducing costs 5x (Bitcoin movie $30M vs $150M traditional).
Major IP owners can license open-source base models (like Flux) and fine-tune on their proprietary libraries to maintain control while enabling new revenue streams from fan-generated content and interactive experiences on platforms like Disney+.