🎥 Adobe Unveils Firefly Video Model

PLUS: Nvidia's $100M AI Assistants Plan 💰

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Welcome, AI Enthusiasts!

Today’s AI Insights:

  • 🎥 Adobe unveils Firefly video model

  • 💰 Nvidia's $100M AI assistants plan

  • 📝 AI tutorial: How to record and transcribe online meetings with AI

  • 🗞️ Latest AI and tech news

  • 🛠 New AI tools

  • 📝 AI Meme of the day

Read Time: 3 mintues

AI NEWS

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ADOBE

Image Source: Abobe

Adobe has expanded its Firefly generative AI family, introducing a video model in beta at the Adobe MAX conference. This is the first video model designed for commercial use, following Firefly’s success in generating 13 billion images since March 2023.

The Details:

  • Firefly Video Model (Beta): This AI-powered tool allows creators to extend video clips, generate videos from text prompts, and convert images to video, currently available in limited beta.

  • New Enhancements: Firefly Image 3 offers 4x faster image generation. New features like Generative Extend for video edits, Text to Video, and Image to Video capabilities are now in beta.

  • Enterprise Tools: New services include AI-powered Dubbing and Lip Sync to translate spoken dialog into different languages, and Bulk Create to efficiently edit large volumes of images.

  • Adoption by Brands: Major companies like PepsiCo, IBM, and Mattel are using Firefly to enhance content creation workflows.

Adobe’s introduction of the Firefly Video Model expands its generative AI tools, offering powerful new capabilities for video creation while maintaining commercial safety and ethical standards. As it moves out of beta, Firefly’s video generation tools are expected to become a significant asset for creators and enterprises alike.

NVIDIA

Nvidia’s CEO, Jensen Huang, has outlined an ambitious plan to deploy 100 million AI assistants to improve the company’s efficiency and productivity.

The Details:

  • AI Assistants: Huang envisions these AI assistants working alongside 50,000 human employees to handle tasks across various departments, including cybersecurity, chip design, and software engineering.

  • AI Collaboration: The AI agents will work with each other and humans, tackling problems by breaking them into smaller tasks, all while improving output and decision-making.

  • Job Security: Huang believes AI will enhance productivity and secure jobs, rather than lead to layoffs, as companies grow and perform better with AI assistance.

Nvidia’s ambitious plan to deploy AI assistants marks a significant shift toward AI-driven operations, with the potential to revolutionize how the company — and the tech industry — approaches productivity and collaboration.

AI & TECH NEWS


NEW AI TOOLS:

🤖 AIApply - AI-powered job search automation for resume and cover letter

📰 Karla - AI tool for journalists to instantly create articles from info

📷 Pixvify - AI platform for realistic photo generation and editing

🎨 Napkin AI - Transform text into visuals for effective business storytelling

📹 Storyy - AI Video Scripts & Teleprompter

🧠 Inner AI - AI platform for organizing thoughts and enhancing creativity.

AI TUTORIAL

AI TUTORIAL

TL;DV is an AI tool that allows you to record, transcribe, and highlight key moments in your meetings for easier review and sharing.

Steps to follow:

  1. Visit the TL;DV website, sign up for an account, and log in to access the platform

  2. Install the TL;DV extension for Google Meet or Zoom, depending on your platform.

  3. Begin your meeting through Google Meet or Zoom, and use the TL;DV extension to start recording the session.

  4. Enable the AI transcription feature to get live transcriptions of the meeting.

  5. After the meeting, review the recording and transcription. Use TL;DV to highlight key moments and share the recap with your team.

AI & TECH NEWS

Nvidia just hit another record high

Nvidia shares reached a record high of $138.07, driven by expectations of strong AI infrastructure spending updates from major tech firms like Microsoft, Meta, Google, and Amazon. The stock has surged nearly 180% this year, reflecting Nvidia’s dominance in the AI chip market, controlling 70-95% of it. With a market cap of $3.4 trillion, it is now the second-most valuable U.S. company after Apple.

Apple announced a new, faster iPad Mini

Apple has quietly announced an upgraded iPad Mini, its first update since 2021. Starting at $499, the new Mini features an A17 Pro chip, offering a 30% faster CPU and 25% faster GPU, with a more advanced Neural Engine. The base model now comes with 128GB of storage and supports the Apple Pencil Pro. Additionally, the Mini includes faster Wi-Fi 6E and USB-C capabilities. 

AI startup Writer launches new model to compete with OpenAI

San Francisco-based AI startup Writer has launched a large AI model to compete with enterprise offerings from OpenAI and others, costing only $700,000 to train—far less than its competitors. Writer uses synthetic data to train its models efficiently while avoiding privacy issues. The company is raising up to $200 million at a $1.9 billion valuation, quadrupling its value since last year.

Google is enhancing its Shopping tab with AI to help users find products based on specific needs. The new feature will offer personalized recommendations and summaries on factors to consider when shopping. For example, a search for “men’s winter jacket for Seattle” might result in a brief on water resistance and appropriate insulation for the region’s climate. Additionally, Google has introduced a scrollable feed of personalized, shoppable products to further streamline the shopping experience.

AI MEME OF THE DAY

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