Meta has unveiled Movie Gen, a comprehensive AI system that can generate, edit, and personalize videos with matching audio using simple text prompts, marking a significant advancement in AI-powered content creation tools.
AI inference startup Runware has raised $3M in funding while launching the world's fastest media generation API, offering sub-second image generation through sustainable data centers powered by renewable energy at industry-leading low costs.
Meta's new Ray-Ban smart glasses feature allows real-time AI analysis of what users are seeing, but raises privacy concerns as it continuously uploads image streams to Meta's servers for AI training without providing users a way to opt out of data collection.
OpenAI has launched "canvas," a new beta workspace feature for ChatGPT that allows users to collaborate on writing and coding projects through a dedicated interface with specialized tools.
AI startup poolside has secured $500 million in Series B funding led by Bain Capital Ventures to develop advanced AI systems for software development, leveraging its proprietary Reinforcement Learning from Code Execution Feedback technology.
OpenAI has secured $6.6 billion in new funding at a $157 billion valuation, plus a $4 billion credit facility from major banks, which the company claims will give it "the flexibility to invest in new initiatives and operate with full agility as [it] scale[s]."
Pika Labs has launched version 1.5 of its AI video generation platform, introducing "Pikaffects" - a suite of physics-defying special effects that can transform video subjects in creative ways, along with improved motion controls and video generation capabilities.
At this year's DevDay conference, OpenAI introduced several API enhancements including a new Realtime API for speech-to-speech conversations, vision fine-tuning capabilities, prompt caching, and a model distillation functionality that allows smaller models to be fine-tuned on larger models' outputs.
Microsoft recently announced several new features for its AI-powered assistant Copilot, including a voice mode for spoken conversations, personalized content suggestions and summaries, and the experimental Copilot Vision and Think Deeper features.
AI startup Augmented Intelligence has emerged from stealth with $44 million in funding and a Google Cloud partnership, offering Apollo, a neuro-symbolic AI platform that combines neural networks with rule-based systems to create more explainable and efficient AI agents.
AI-powered code quality platform Qodo has raised $40 million in Series A funding to expand its developer tools that ensure the integrity and reliability of AI-generated code across the software development lifecycle.
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