Author: IBL News

  • OpenAI Shares Seven Artistic Videos Produced With ‘Sora’

    OpenAI Shares Seven Artistic Videos Produced With ‘Sora’

    IBL News | New York

    OpenAI released yesterday seven videos generated by its new realistic text–and image–to video tool ‘Sora‘ – which remains out of reach to the public.

    A select group of filmmakers, visual artists, creative directors, designers, advertising agencies, and musicians who were given access to the ‘Sora’ model showcased examples of their artistic work, along with early thoughts on how they can see this powerful tool fitting into their workflows and businesses. [See below.]

    The San Francisco-based research lab said, We have gained valuable feedback from the creative community, helping us to improve our model.”

    “While we have many improvements to make to Sora, we’re already getting a glimpse of how the model can help creatives bring ideas to reality.”
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    Shy Kids – “Air Head”

    Based in Toronto, Shy Kids is a multimedia production company that utilized Sora for their short film about a balloon man. Walter, who directed Air Head, remarks that “as great as Sora is at generating things that appear real, what excites us is its ability to make things that are totally surreal. A new era of abstract expressionism.”

     

    Paul Trillo, Director

    Paul Trillo, a multi-disciplinary artist, writer, and director stated, “Working with Sora is the first time I’ve felt unchained as a filmmaker.” His experimental videos reflect this approach: “Not restricted by time, money, or other people’s permission, I can ideate and experiment in bold and exciting ways.”

     

    Nik Kleverov, Creative Director / Native Foreign

    Native Foreign, an Emmy-nominated creative agency from Los Angeles, California, used Sora “to visualize concepts and rapidly iterate on creative for brand partners.” Co-founder Nik Kleverov suggests that budgetary restraints no longer have to entirely shape the narrative of creativity.

     

    August Kamp, Artist/Musician

    August Kamp, a musician, researcher, creative activist, and multidisciplinary artist, said, “Sora represents a real turning point for me as an artist whose scope has always been limited by imagination being at odds with means.”

     

    Josephine Miller, Creative Director

    Josephine Miller, Co-Founder and Creative Director of London-based Oraar Studio specializing in the design of 3D visuals, augmented reality, and digital fashion, stated, “Sora has opened up the potential to bring to life ideas I’ve had for years, ideas that were previously technically impossible.” “The ability to rapidly conceptualize at such a high level of quality is not only challenging my creative process but also helping me evolve in storytelling. It’s enabling me to translate my imagination with fewer technical constraints.”

     

    Don Allen Stevenson III, Digital AR/XR Artist

    Starting his career at DreamWorks Animation, Don Allen III is a multidisciplinary creator, speaker, and consultant who collaborates with major tech and entertainment companies on mixed reality, virtual reality, and AI applications. “For a long time, I’ve been making augmented reality hybrid creatures that I think would be fun combinations in my head. Now I have a much easier way of prototyping the ideas before I fully build out the 3-D characters to place in spatial computers.” Don cites Sora’s “weirdness” as its greatest strength.

     

    Alex Reben, Sculptor/Artist and OpenAI’s Artist In Residence

    Alexander Reben is an artist who has spent the last decade creating work that explores the humor and absurdity of human nature in artificial intelligence. “The prospect of transforming video into 3D models intrigued me, as it hinted at propelling the AI system beyond its initial scope.”

     

  • Saudi Arabia Plans to Create a $40 Billion Fund to Invest in AI

    Saudi Arabia Plans to Create a $40 Billion Fund to Invest in AI

    IBL News | New York

    Saudi Arabia is planning a $40 billion push into AI, The New York Times reported.

    Its government will create a fund of that amount to invest in AI initiatives.

    Wall Street banks are currently helping put together this tech fund. The $40 billion fund would make the oil-rich nation the world’s largest investor in AI. It would also allow it to establish itself as a more influential player in geopolitics.

    Currently, Saudi Arabia’s sovereign wealth fund has assets of more than $900 billion.

    In recent weeks, representatives of Saudi Arabia’s Public Investment Fund have discussed a potential partnership with Andreessen Horowitz, one of Silicon Valley’s top venture capital firms, and other financiers, according to the paper.

    In this context, Anthropic declined to take money from Saudi Arabia. Anthropic executives cited national security concerns, CNBC reported.
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  • Stability AI CEO Resigns Following Months of Tensions With Major Investors

    Stability AI CEO Resigns Following Months of Tensions With Major Investors

    IBL News | New York

    Stability AI Founder and CEO Emad Mostaque stepped down from his role, the company announced on Friday. COO Shan Shan Wong and CTO Christian Laforte were appointed as interim co-CEOs, it said in a blog post.

    Mostaque’s departure comes amid an ongoing struggle at the startup that was spending a reported estimate of $8 million a month as of October 2023, according to Bloomberg, which also noted that the startup had unsuccessfully attempted to raise new funding at a $4 billion valuation.

    The move followed months of tensions with major investors like Coatue Management, who called for Mostaque to step down.

    Emad Mostaque [in the picture above] said that he decided to resign to fix the concentration of power on his Board as he held the most number of controlling shares.

    “We should have more transparent & distributed governance in AI as it becomes more and more important. It’s a hard problem, but I think we can fix it,” he added.
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    Backed by investors including Lightspeed Venture Partners and Coatue Management, Stability AI, a startup known for its image generation tool Stable Diffusion, has lost more than half a dozen key talent in recent quarters.

    Recently, Stability AI released Stable Video 3D (SV3D), a gen AI video tool for rendering 3D video.

    SV3D is available for commercial use with a Stability AI Professional Membership ($20 per month for creators and developers with less than $1 million in annual revenue). For non-commercial purposes, users can download the model weights from Hugging Face.

  • Microsoft Will Pay Inflection AI $650 Million In Licensing Deal

    Microsoft Will Pay Inflection AI $650 Million In Licensing Deal

    IBL News | New York

    Microsoft agreed to pay Inflection AI — creator of the PI chatbot — about $650 million in a licensing deal. The software giant will make Inflection’s models available for sale on its Azure cloud service through this deal.

    As part of the transaction, Microsoft is hiring the co-founder of Inflection, Mustafa Suleyman, and much of the start-up staff.

    It’s like an acquisition but with some other kind of clothing to avoid antitrust regulators, experts say. “Microsoft seems to be pioneering the non-acquisition acquisition,” wrote Madeline Renbarger and Eric Newcomer.

    This would be the second time Microsoft ran this sort of playbook after its still largely secret partnership with OpenAI based on funneling over $10 billion and holding a 49% stake in the non-profit company.

    The deal took place on the same week the Justice Department sued Apple for allegedly monopolizing the smartphone business. U.S. antitrust regulators are also going after Google, Meta, and Amazon.
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  • Microsoft Launched Its Own Copilot’s Plugins – Which Are Similar to OpenAI’s

    Microsoft Launched Its Own Copilot’s Plugins – Which Are Similar to OpenAI’s

    IBL News | New York

    Microsoft announced this month Copilot’s plugins similar to GPTs in the OpenAI’s GPT store.

    Existing plugins include Instacart, Kayak, Klarna, OpenTable, and Shop.

    These plugins use the OpenAI schema to add custom functionality to the Microsoft Copilot experience. As explained in Roadmap, a plugin consists of an API, an API specification, and a plugin manifest.

    These plugins provide users with general skills such as understanding, summarizing, predicting, recalling, translating, and generating content. It indexes content in the Microsoft Graph, such as the emails, chats, and documents that users have permission to access.

    Microsoft Copilot uses the following process flow when the user asks a question, and it answers the question by searching for and using a plugin.
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    Flow diagram showing when a user asks a question, Microsoft Copilot calls the API, receives a response from it, and then presents the returned data to users

    Diagram showing the process flow for the user asking a question and Copilot answering the question by searching for and using a plugin

  • Amazon Releases an AI Tool for Sellers to Create High-Quality Product Listings

    Amazon Releases an AI Tool for Sellers to Create High-Quality Product Listings

    IBL News | New York

    Amazon will release an AI feature that will allow sellers by providing a URL to easily generate high-quality product detail pages, with a written description and images tailored to the store.

    The goal is to help sellers reduce the time it takes to bring the product from a different website onto Amazon, said Mary Beth Westmoreland, Amazon’s VP of worldwide selling partner experience, in a blog post.

    Previously, creating product pages required significant effort from sellers to develop and input accurate and comprehensive product descriptions that attract customers.

    Sellers simply upload an image of their product and use generative AI to automatically generate their product title, description, and even more product attributes. 

    These features can also suggest attributes such as color and keywords to help effectively index the product in customer search experiences.

    Amazon said that the majority of AI-generated listings are being submitted, with sellers accepting suggested attributes nearly 80% of the time with minimal edits.

    “We’ve compared the AI-generated content to non-AI generated content and found improvements across measures of clarity, accuracy, and detail, which can increase a product’s discoverability when customers search in Amazon’s store,” said the company.

    The feature is rolling out now and will be available to US sellers in the coming weeks.

    Amazon has been releasing a lot of AI tools over the past few months. For sellers, Amazon released AI tools to generate photos and create product listing text.

    For shoppers, Amazon unveiled Rufus, an AI chatbot designed to answer buyers’ questions about items, suggest similar products and compare models.
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  • More Laid-Offs In Tech Companies: The Highest Job Cuts Since Dot-Com Crash

    More Laid-Offs In Tech Companies: The Highest Job Cuts Since Dot-Com Crash

    IBL News | New York

    Since the start of this year, more than 50,000 workers have been laid off from over 200 tech companies, according to tracking website Layoffs.fyi. In addition, tech salaries have largely stagnated in the last two years.

    Tech is a notable outlier in a labor market that’s been largely steady over the past two years. The U.S. economy added 275,000 jobs in February, topping 200,000 for a third straight month.

    These cuts follow the trend that arose in 2023 when over 260,000 workers across nearly 1,200 tech companies lost their jobs.

    In fact, 2023 was the second-biggest year of cuts in the technology sector, behind only the dot-com crash in 2001.

    Moreover, February’s job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode.

    Alphabet, Amazon, Meta, and Microsoft have all taken part in the downsizing this year, along with eBay, Unity Software, SAP, and Cisco.

    PayPal announced that it was eliminating 9% of its workforce, or about 2,500 jobs.

    The markets have cheered on the cost-cutting, estimating that spending discipline and efficiency gains from AI will lead to rising profits. As a result, tech stocks reached record highs.

    Software developers and data scientists whose skills were highly valued two years ago now face an increasingly competitive market with lower pay than their prior jobs. Many are now considering whether they need to exit the industry to find employment.

    Others, like people who worked at Google, are organizing themselves to find new opportunities.
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    Post: Developers are on edge

  • Apple In Talks with Google to Integrate Gemini Model on iPhone Later This Year

    Apple In Talks with Google to Integrate Gemini Model on iPhone Later This Year

    IBL News | New York

    Apple is reportedly in talks with Google to integrate its Gemini model into iPhone’s iOS 18 later this year. It means that powerful AI-integrated phones are arriving soon.

    If negotiations result in an agreement, Google would license Gemini, and this model would enable some features on the iPhone, such as its ability to create images and write text, along with other native enhancements in those devices.

    Tim Cook Apple’s CEO has promised major AI announcements at WWDC in June, though some experts say that a potential deal with Google may not be finalized by then. Apple also held previous discussions with OpenAI about using its models.

    Meanwhile, OpenAI now is also reportedly in talks with Samsung.

    The consensus in the tech industry is that Gemini on iOS would be a massive power play as Apple has over two billion active Apple devices.

    It could also help allay investor fears about the slow roll-out of AI apps by Apple, which has lost its position as the world’s most valuable firm after a 10% decline in its shares this year.

    Apple has a years-long partnership that makes Google the default search engine on Apple’s Safari web browser.

    A Generative AI tie-up may help Google to navigate fears that services like ChatGPT could threaten its search dominance.

    OpenAI with Samsung would be an equally compelling counter.
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  • Elon Musk Open-Sources Grok, But Without Training Code

    Elon Musk Open-Sources Grok, But Without Training Code

    IBL News | New York

    Elon Musk’s xAI.com was finally released as open-source under the Apache 2.0 license — which permits commercial use — the base code of its LLM ‘Grok-1’ yesterday.

    Grok-1 was released without any training code; only with the base model weights and network architecture.

    According to its description, it’s “a 314 billion parameter Mixture-of-Expert model trained from scratch by xAI”, and “not fine-tuned for any specific application, such as dialogue.”

    This release doesn’t include connections to the X social network.

    Other large companies such as Meta and Google have also released their open-source versions. LLaMA, from Meta; Gemma2B, and Gemma7B, from Google; along with Mistral, Falcon, and A12, are some of the most popular.

    Perplexity CEO Arvind Srinivas posted on X that the company will fine-tune Grok for conversational search and make it available to Pro users.
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  • Civitai.com AI Content Marketplace Reaches 4M Registered Users

    Civitai.com AI Content Marketplace Reaches 4M Registered Users

    IBL News | New York

    Civitai.com, an online community platform where members can post their own Stable Diffusion-based AI models, reached 4 million registered users, with over 12 million unique visitors per month and 10,000 unique creators.

    “We became the de facto standard for sharing your model and various AI resources and the images that you’d made,” stated the founder of the startup in an interview with TechCrunch.

    As a result of its growth, Civitai raised a $5.1 million round in June led by Andreessen Horowitz (a16z) at a $20 million valuation.

    For now, the site is free to use — it uses Cloudflare’s R2 to keep costs down around downloads.

    The company plans to allow users to monetize their work and companies to expand their brands and products.
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