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  • πŸ‘¨β€πŸ’Ό Stability AI Is In Huge Trouble

πŸ‘¨β€πŸ’Ό Stability AI Is In Huge Trouble

PLUS: OpenAI Pitches Sora to Hollywood πŸŽ₯

Welcome, AI enthusiasts!

Today’s AI insights:

  • πŸ‘¨β€πŸ’Ό Stability AI's CEO steps down

  • πŸŽ₯ OpenAI pitches Sora to Hollywood

  • πŸ“ˆ Top-rated AI tools

  • πŸ—žοΈ Byte-sized news

  • πŸ’‘ AI side hustle

  • πŸ˜„ AI meme of the day

STABILITY AI

πŸ‘¨β€πŸ’Ό Stability AI's CEO steps down

Image Source: Bloomberg

Emad Mostaque, the founder and CEO of Stability AI, has stepped down from his leadership role and the company's board. This shift at the forefront of the AI startup, known for its pioneering image generation tool Stable Diffusion, marks a significant moment in the tech industry.

The Details:

  • Stability AI announced interim co-CEOs, COO Shan Shan Wong and CTO Christian Laforte, but is yet searching for a permanent replacement.

  • Mostaque stepped down because he wants to work on making AI more decentralized. He believes this is important to challenge the current, centralized way AI is mostly handled.

  • Stability AI is dealing with some issues, such as spending money too quickly and having trouble getting more funding. Mostaque is also focusing on making AI governance more open and spread out.

Mostaque's resignation is part of a bigger discussion in the AI world about innovation and how decentralized AI could change things. With these changes at Stability AI, people are watching to see what will happen next in AI technology.

OPENAI

Image Source: Dalle-3

OpenAI is planning key meetings in Hollywood to introduce "Sora," a revolutionary text-to-video generator that could change how movies are made. Bloomberg reports that OpenAI wants to show filmmakers, talent agencies, and media executives what Sora can do.

The Details:

  • Brad Lightcap, OpenAI's COO, and his team are in Hollywood to show off what Sora can do, making videos from just text.

  • Sora has already caught the attention of some actors and directors, but using more AI in Hollywood is causing discussions about jobs and how people get paid for content.

  • Sora is expected to be released to the public later this year, a big step in bringing AI into the creative process..

OpenAI's efforts are about working together with the entertainment world, making sure AI helps filmmaking in a good and careful way. This highlights how AI is starting to play a big role in changing creative fields.

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BYTE SIZED NEWS

WhatsApp is developing new AI features, such as an image editor that enables users to edit photos directly within the app by changing backgrounds, styles, and enlarging images. Additionally, they are working on a new AI assistant called Meta AI, which users can access through the search bar to get answers to their questions.

Samsung has established a new research lab specifically for the development of computer chips. This lab will start by concentrating on crafting chips tailored for extensive AI language models and inference tasks. The objective is to devise chip designs capable of accommodating progressively larger and more robust AI models, all while consuming fewer energy and resources.

Fitbit is teaming up with Google to create an AI system called a Personal Health Large Language Model. This system will offer Fitbit users personalized health and fitness coaching based on their biometric data. The goal is to assist users in reaching their health and fitness goals by recommending lifestyle changes.

AI SIDE HUSTLE

From The YouTube:

How to make a Faceless YouTube Channel Using AI (That earn $10K/Month revenue)

AI MEME OF THE DAY

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