Midjourney's Upcoming Text-to-Video Model

This new video project could change how we create and understand videos, affecting industries like media and advertising.

Welcome back, AI Enthusiasts!

In today’s AI summary rundown:

  1. Midjourney's Upcoming Text-to-Video Model: Midjourney, known for creating images using AI, is working on a new project to turn text into videos. They plan to start this in the coming months. The team discussed this and some updates to their other models during a chat on Discord. This step is a big deal because it pushes Midjourney into a new area where other companies are also competing. They've recently updated their system to make images look more realistic and follow instructions better. This new video project could change how we create and understand videos, affecting industries like media and advertising.

  2. Google's New Rule for Election Ads with AI Content: Google announced that if political ads use AI to create fake images or videos (like making it look like someone said something they didn't), this must be clearly stated in the ad. This rule will start in mid-November, before the next major U.S. elections. The idea is to prevent misleading information in political ads.

  3. Apple's Talks with News Publishers for AI Development: Apple has been talking to big news companies to use their articles for AI development. They're offering deals worth millions to use these news archives. Companies like Condé Nast, NBC News, and IAC are involved in these talks. Apple wants to use this content to improve its AI systems, which can create images and chat like humans. This move shows Apple's effort to compete with other big tech companies in the AI field. These AI systems are important because they could change how we work and create new business opportunities.

    Read time is 4 min..

Insight: From Amazement to Scrutiny: AI’s Journey to 2024

In 2023, everyone was amazed by how ChatGPT and other AI tools could make images and texts that seemed very real. In 2024, these AI tools are expected to get even better and change how we use technology.

At a big AI conference in New Orleans, many AI experts and business leaders gathered to discuss the industry's future. They believe AI will continue to grow and become more advanced. For example, a new AI software might be released that's even better than GPT-4, a powerful model by OpenAI.

The new AI products coming out won't just be stronger but will also be used in new ways. They could do more complicated tasks, like planning trips or ordering things, with less help from humans. Also, AI will start to work with different types of input, like text, voice, and images, and give various outputs. This was shown in a demo by Google for their new Gemini AI product.

There's a lot of excitement about the future possibilities, like AI-generated movies and music. However, there are also worries about AI being used for harmful purposes, like spreading hate or false information online. This has led to more public attention on the impact and risks of AI.

There have already been legal issues, like The New York Times suing OpenAI and Microsoft for using its content to develop AI services. Other famous people have also sued AI companies. Plus, a court in the UK decided that Getty Images could go to trial in a copyright case against Stability AI.

OpenAI has made agreements with some big publishers, and this trend might continue in 2024. There might be new laws about AI, but there are concerns that these laws will be too influenced by big companies. Lawmakers in the US have been talking to AI company leaders about policies.

As AI becomes more advanced, it might disrupt some industries, but the huge excitement around it might decrease in 2024 as people realize these tools aren't always as perfect as they seem at first.

AI Training: Tutorial of the Day

Today, let's dive into a quick and fun tutorial on how you can harness the power of AI to spark your creativity. We're going to create a personalized work of digital art using AI!

1. Select a Theme: Choose a theme that sparks your interest, be it a tranquil beach or a futuristic metropolis.

2. Craft a Prompt: Develop a detailed prompt, like "Impressionist oil painting of a cute robot."

3. Pick an AI Tool: Explore user-friendly AI art generators like DALL-E or Midjourney to bring your prompt to life.

4. Input Your Prompt: Feed your crafted prompt into the chosen AI tool and watch the creativity unfold!

5. Admire Your Art: Within moments, revel in your unique artwork. Share it in our community or use it as inspiration for your projects! Remember, the more detailed your prompt, the more impressive the AI-generated results!

Remember, the key is to be as descriptive as possible in your prompts. AI tools are great at following detailed instructions, so the more vivid your description, the better your results!

Generated by DALL - E

Quirky AI Tools

  1. Capsho: 🎙️✍️ Capsho is like a magic wand for podcasters. It turns your podcast audio into a treasure trove of promotional content. Just upload your episode, and voila! Get catchy titles, descriptions, show notes, blog posts, emails, social media posts, LinkedIn articles, neat quotes, YouTube descriptions, and even transcripts. It's all about grabbing listeners' attention and making your podcast shine on every platform. Plus, it's great for SEO and saves heaps of time. Imagine creating all this content without breaking a sweat!

  2. SpellBook AI Law: 📜🤖 SpellBook AI Law is like having a super-smart legal assistant. Using the power of GPT-4, it plugs into Microsoft Word and helps lawyers draft and review contracts more efficiently. It offers suggestions, spots aggressive terms, points out missing clauses, and even gives negotiation tips. It's all about making contract work quicker, smarter, and less of a headache. Plus, they're cooking up an Auto Diligence feature to make things even smoother. It's a game-changer for legal pros!

  3. Flowrite: 📧🚀 Flowrite is like having a personal email genius. It's an AI tool that helps you write emails and messages super fast. It works with your favorite platforms, like Gmail and LinkedIn, and offers a bunch of handy templates for different situations. It's all about saving time and making communication a breeze. Whether you're replying to an email or crafting a message, Flowrite offers personalized suggestions in seconds. It's perfect for anyone who wants to spend less time typing and more time doing.

Trending AI Startups

  1. VIA: 🌍🔌 VIA, an innovative U.S. startup, is revolutionizing the energy sector with AI. Their focus? Smart connections between various energy sources and users. They harness the power of smart meters, drones, and sensors attached to energy assets like solar panels and wind turbines. Their advanced machine learning algorithms process this data to accurately predict energy demands, monitor grid loads, identify potential outages, and estimate renewable energy output. VIA's approach is a game-changer in managing and optimizing energy utilization, ensuring a smarter, more efficient energy future.

  2. Siemens: 💡🌐 Hailing from Munich, Siemens stands at the forefront of engineering and technology. Their expertise spans across vital sectors including energy, electrification, digitalization, and automation. At the core of their mission is the development of technologies that save resources and boost energy efficiency. They're a leading force in medical diagnostics equipment, power generation, and transmission systems. Siemens is also known for creatively integrating AI into various aspects of their operations – their reference to “AI at the beer garden” is a nod to this innovative spirit.

  3. Zymergen (now acquired by Ginkgo Bioworks): 🧬🌱 Zymergen, a pioneering AI biotech firm based in Emeryville, California, identifies itself as a “biofacturer,” a term that aptly captures its unique blend of biology and manufacturing. They've developed notable products like Hyline, a bio-based polyimide film, utilizing AI to advance their research and development. Zymergen's work extends to diverse fields such as pharmaceuticals, agriculture, and industrial applications. Their approach harnesses AI to explore and create novel, sustainable biological materials, positioning them at the cutting edge of biotechnological innovation.

  4. Bossa Nova Robotics: 🤖💼 Bossa Nova Robotics began its journey as a maker of robotic toys but has since pivoted to a more ambitious domain – AI-driven robots for retail and commercial use. These robots, unlike the humanoid figures of sci-fi imagination, are practical and resemble tall, mobile vacuum cleaners. Primarily deployed in retail giants like Walmart, these robots roam store aisles autonomously, scanning and analyzing shelves for inventory management. By identifying stock issues, they enable significant cost savings and operational efficiency, showcasing a practical and modern application of robotics in everyday commerce.

These startups are at the forefront of AI innovation, offering a range of services and technologies that are shaping the future of various industries.

AI-Generated Image of the Day

Generated by DALL - E

Prompt: Create an enchanting, small house nestled deep in a lush woodland. The house exudes a whimsical charm, reminiscent of a fairy tale dwelling. It's crafted from natural materials: wooden walls with moss and ivy creeping up the sides, a thatched roof with little sprouts peeking out, and a whimsical chimney that puffs out gentle swirls of smoke. The surrounding woods are dense and vibrant, filled with ancient, towering trees, their trunks twisted and roots sprawling. The foliage is a mix of emerald greens and autumnal colors, with rays of sunlight filtering through the canopy, casting dappled light on the forest floor. Near the house, there's a small, clear stream with water that sparkles like diamonds in the sun. Various forest creatures, from fluffy rabbits to colorful birds, can be seen peering curiously at the house. The whole scene conveys a sense of magical isolation, a hidden gem where time stands still and nature whispers secrets.

Tip: the more specific the better

Question of the Day

How important is the role of ethics in AI development and deployment?

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Today’s Meme 

That’s a Wrap 

That’s it for today’s news in the world of AI!

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @dthareja or email me at [email protected]

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