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  • Tech giants invest $675 million in robotics company.

Tech giants invest $675 million in robotics company.

PLUS: Tyler Perry shuts down $800 million expansion because of AI

Welcome to our Tuesday Edition!

Today’s insights:

  • 🤖 Robotics company closes in on $675 million funding round

  • 🛑 Google halts Gemini’s image generation of people after Criticism

  • 📈 Trending AI tools

  • 🗞️ Byte Sized News

  • 😄 AI meme of the day

Image credit: Figure AI

Figure AI, a robotics startup, is making waves with an impressive $675 million funding round, attracting support from industry heavyweights like Jeff Bezos and tech giants such as Microsoft and Nvidia.

Details:

  • They're on a mission to introduce 'Figure 01', a humanoid robot designed to tackle dangerous tasks, aiming to revolutionize the workplace by filling in labor shortages in risky environments.

  • Led by visionary founder Brett Adcock, Figure AI dreams of a world where robots and humans collaborate, bringing to life the kind of futuristic scenarios we've only seen in movies.

  • While this innovation signals a leap towards safer and more efficient work environments, it also sparks conversations about the future of jobs, especially in sectors already feeling the pinch from AI advancements.

Through its endeavors, Figure AI aspires to not just lead in robotics but to forge a path where technology enhances human capabilities, marking a new era of progress and partnership between humans and machines.

Image credit: Google

Google has announced a temporary halt to the image generation capabilities of its AI model, Gemini, following a wave of criticism on social media.The tech giant's decision comes after the AI was found to create historically inaccurate images.

Details:

  • Gemini generated images that misrepresented historical figures and scenarios, such as depicting people of color in roles traditionally recognized as white, including Black Vikings and non-white US founding fathers [Examples].

  • This move to pause Gemini's image-generating feature aims to address these inaccuracies and ensure a more accurate representation of historical images

The company has stated it is working diligently to address the recent issues and plans to re-release an improved version of the image generation feature soon.

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BYTE SIZED NEWS


Tyler Perry, the renowned actor, filmmaker, and studio mogul, has decided to hit the pause button on his ambitious $800 million studio expansion project. This move comes after Perry got a firsthand look at Sora's groundbreaking cinematic technology, which left him both impressed and concerned about its potential effects on the industry, according to a report from The Hollywood Reporter. Perry's reaction underscores the significant impact that advanced technologies like Sora are beginning to have on the creative landscape.

Google is currently offering free two-month trial for Google One AI Premium plan, which lets you try and use Gemini Advanced in apps and services like Gmail, Docs, Sheets and Meets.

Microsoft has introduced a generative AI-powered object eraser to its Photos app. The new functionality will replace the existing ‘Spot Fix’ option, which currently lets users remove blemishes from images and is now called ‘Generative erase

Meta gears up to combat the misuse of AI-generated content in the lead-up to the European Parliament elections happening on June 6-9. Meta plans to establish an Elections Operations Center to address potential threats in real-time. The company will collaborate with experts across various fields to counter misinformation, influence operations, and the risks associated with generative AI abuse.

AI MEME OF THE DAY

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