On Thursday, AI startup Black Forest Labs announced the launch of its company and the release of its first suite of text to image AI models, called FLUX.1. The German based company, founded by researchers who developed the technology behind Stable Diffusion and invented the latent diffusion technique , aims to create advanced generative AI for images and videos. The launch of FLUX.1 comes about seven weeks after Stability AI troubled release of Stable Diffusion 3 Medium in mid June. Stability