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- Week of 10/7/24
Week of 10/7/24
Mission: Make AI Less Artificial
AI News, Hacks, & Tips
Week of 10/7/24
COMING IN HOT 🔥
OpenAI Makes History by Scoring Billions From Investors
Summary of highlights: OpenAI raised $6.6 billion in one of the largest venture capital funding rounds in US history, valuing the company at $157 billion.
Key takeaways: The funding will be utilized to enhance AI research and expand computing capacity.
Why this is important: This significant investment underscores the growing interest and confidence in AI technologies, while also raising concerns about the risks associated with rapid deployment.
Source: CNET
Meta's New AI Model Generates Short Videos
Summary of highlights: Meta has introduced a new AI model capable of generating short videos from text prompts.
Key takeaways: This development highlights the growing trend of using AI for creative content generation, although the model is currently not available for public use.
Why this is important: As AI continues to advance in creative fields, understanding its capabilities and limitations is crucial for content creators.
Source: TechCrunch
AI-Generated Movie Released
Summary of highlights: Waymark, an AI-video-tech company, has released what it claims is one of the first AI-generated movies, titled "The Frost."
Key takeaways: This 23-minute dystopian film showcases the potential of AI in creative storytelling and filmmaking.
Why this is important: The release of AI-generated content raises questions about authorship and the future of filmmaking.
Source: The Verge FROM US 🤖
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QUICK HITS 📈
Image Intel: Alphabet released a series of new AI-powered search features, including the ability to ask questions about a video or photo (i.e. identifying a fish at an aquarium).
Another One Down: The co-lead on OpenAI’s text-to-video model Sora announced he’s headed to DeepMind, marking the company’s fourth major resignation in two weeks.
Wait List: The AI audio firm ElevenLabs is expected to soon announce a new funding round that would value the startup at $3B, with potential backers already lining up at the door.
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