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Happy Thursday, fellow humans. 👋
The Big Apple turning Big Orange really took away from the fact that Messi is finally coming to play in the MLS. Time for us to witness a 100-goal season.
Let’s dive into it…
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🧵 In today's edition:
📹️ Text-to-Video is here
💼 Google Cloud Launches Consulting Services
🗣️ Instagram chatbot incoming?
🤑 AI Fundraising News
🤖 Top AI News
📹️ Text-to-Video is here
The progress of text-to-image generative AI has been rapid.
History
In 2021 and 2022, Runway, an applied AI research firm, launched Latent Diffusion and Stable Diffusion, respectively, giving the world a way to turn their ideas into images through just words.
Then earlier this year, Runway launched Gen-1, a video-to-video model that allowed you to apply the style of an image or text prompt to a target video, creating a new one with the desired composition.
Yesterday, Runway launched Gen-2 with a massive unlock: Text-to-video.
Users can now generate videos by simply describing what they want to see in words - without the need for a source video or any input image.
They have yet to provide a launch date for Gen 2, but you best believe that the video content creation space is about to change for good.
Read more: Runway
💼 Google Cloud Launches Consulting Services
Google is adding consulting, the go-to fresh-college-grad occupation, to its list of offerings.
Google Cloud is officially offering consulting services to assist clients with using generative AI, helping them identify trends, boost automation, and generate content.
The company will provide customers with the necessary advice and tools to harness AI effectively. Google Cloud is also focusing on leveraging its expertise in AI to set itself apart in the competitive cloud computing market and to achieve growth.
Earlier this year, the unit reported its first profitable quarter, and it has recently secured new clients such as Priceline and the Mayo Clinic.
And yes, team, they are hiring.
Read more: Yahoo Finance
🗣️ Instagram chatbot incoming?
More chatbots… yay.
It was leaked that Instagram might be testing an AI chatbot that offers users 30 different personalities to choose from.
The chatbot will be able to answer questions, give advice, and help users write messages. It is unknown whether Meta has any confirmed plans to launch these bots on Instagram, and we have no idea what the safety features look like.
After Snapchat’s “My AI” chatbot debacle, one would assume that Instagram is going to take every single precaution necessary to ensure that the chatbot does not cross the line into offensive or dangerous interactions.
For now, these are just rumors.
But knowing Instagram’s adoption rate of popular consumer technologies (cc. Reels, Stories), I wouldn’t be surprised with an IG chatbot launch relatively soon.
Watch this space.
Read more: The Verge
🤑 AI Fundraising News
Instabase lands a $45M investment in a Series C round to help companies automate document processing.
MatrixSpace Raises $10M in Series A Funding to specialize in radar that utilizes AI-enabled sensing to identify objects and collect data in real-time.
🗞️ Byte size: AI article summaries
Disclaimer: AI is (partially) used to summarize these articles.
WordPress has a new AI tool that will write blog posts for you. [The Verge] - WordPress users now have access to a new AI tool called the Jetpack AI Assistant that can help generate and edit text. Automattic, the company that owns WordPress, created the tool, which can summarize blog posts in headlines, adjust tone, generate an entire post from a prompt, correct grammar and spelling, and translate between 12 languages. While this is a logical step for Automattic, some fear the tool may contribute to the already-growing problem of AI-generated spam content. (Read more)
OpenAI still not training GPT-5, Sam Altman says [TechCrunch] - OpenAI has not started training GPT-5, according to CEO Sam Altman, months after promising to forgo working on the model for some time due to concerns from industry and academic figures over the rapid improvements of large language models. Altman stated that the company is still working on new ideas and evaluating potential safety risks with measures such as external audits and safety tests. Despite concerns over the proliferation of AI, Altman urged lawmakers to put thought into potential abuses of the technology and to establish safeguards to reduce unintended consequences. (Read more)
🐦️ Tweet of the day
Pretty Important 👇
You can't expect AI to think for you.
Whatever you want AI to help you create, you need to first understand:
• Why you want what you want
• What, specifically, you need
• How you want it deliveredYou do the "thinking." Tell AI how to "do the doing."
— Nicolas Cole 🚢🏴☠️ (@Nicolascole77)
12:30 AM • Jun 8, 2023
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