Amazon reported major revenue and profit increases during its third quarter, beating Wall Street’s forecasts, based largely on the company’s e-commerce sales and increasing demand for its cloud services. Capital expenditure, which reached a record amount following Amazon’s recent investments in artificial intelligence, will maintain its momentum as the company plans $75 billion capex on developing generative AI services over 2024-2025. “The faster we grow demand, the faster we have to invest capital in data centers, network gear and hardware,” explained CEO Andy Jassy. “We invest in all that upfront in advance of when we can monetize it.” Continue reading Amazon Pushes AI, Records Growth in Q3 Revenue and Profit

Midjourney is turning heads with its new image editor, which lets users upload images and then make adjustments. The company’s models — most recently Midjourney 6.1 — accept uploaded images as a reference to use for generative results. Now the Midjourney image editor allows precise adjustments to aspects of the frame. An “image retexturing mode” is also being introduced, as is v2 of its “AI moderator.” The new features are only available to users with yearly memberships, monthly memberships for the past 12 months, or those who have generated at least 10,000 Midjourney images. Continue reading Midjourney Makes Powerful AI Image Editor Available in Alpha

OpenAI is taking a new approach to generating media that it says is 50 times faster than the models commonly used today. Called sCM, the approach is a “consistency model,” a variation on the diffusion method used by many leading systems. OpenAI claims its new model is ideal for training for large scale datasets and generating video, audio and images that are of “comparable sample quality to leading diffusion models.” Such models often require hundreds of steps, creating challenges when it comes to real-time applications. OpenAI aims to change this with a faster system that requires less power. Continue reading OpenAI: sCM Generates Media 50x Faster Than Other Models

Runway is launching Act-One motion capture system that uses video and voice recordings to map human facial expressions onto characters using the company’s latest model, Gen-3 Alpha. Runway calls it “a significant step forward in using generative models for expressive live action and animated content.” Compared to past facial capture techniques — which typically require complex rigging — Act-One is driven directly and only by the performance of an actor, requiring “no extra equipment,” making it more likely to capture and preserve an authentic, nuanced performance, according to the company. Continue reading Runway’s Act-One Facial Capture Could Be a ‘Game Changer’

The Federal Trade Commission rule targeting fake reviews and paid testimonials went into effect this week. The rule bans the creation, purchase or sale of reviews and opinion pieces attributed to fictional customers, or real ones who are financially compensated without plainly disclosing the transactional nature of the relationship. The rule, which subjects offenders to civil penalties, also takes aim at businesses who use threats or coercion to thwart the publication of negative reviews that are genuine. The new FTC rule was approved by unanimous vote in August. Continue reading FTC Rule Prohibiting Fake and Paid Reviews Goes into Effect

Qualcomm has unveiled the Snapdragon 8 Elite, which the company says has “the world’s fastest mobile CPU,” a custom version of the second generation Qualcomm Oryon. The platform is purpose-built to power on-device generative AI, “built to handle the complexities of multi-modal AI seamlessly while prioritizing privacy,” per Qualcomm. Smartphone brands and OEMs including Asus, Honor, iQOO, OnePlus, Opposite, RealMe, Samsung, Vivo and Xiaomi are onboard to launch devices powered by the Snapdragon 8 Elite, starting before the end of the year, according to Qualcomm’s announcement. Continue reading Qualcomm Says Snapdragon 8 Elite Has ‘Fastest Mobile CPU’

Penguin Random House, the world’s largest commercial book publisher, has updated the copyright disclaimer that appears in every book to say “no part of this book may be used or reproduced in any manner for the purpose of training artificial intelligence technologies or systems.” The warning will roll out globally on all new releases as well as backlist titles that are reprinted. Tom Weldon, CEO of Penguin Random House UK, has told staff the company will at its discretion “use generative AI tools selectively and responsibly, where we see a clear case that they can advance our goals.” Continue reading Penguin Random House Warns All Against AI Model Training

A new LLM framework evaluates how well generative AI models are meeting the challenge of compliance with the legal parameters of the European Union’s AI Act. The free and open-source software is the product of a collaboration between ETH Zurich; Bulgaria’s Institute for Computer Science, Artificial Intelligence and Technology (INSAIT); and Swiss startup LatticeFlow AI. It is being billed as “the first evaluation framework of the EU AI Act for Generative AI models.” Already, it has found that some of the top AI foundation models are falling short of European regulatory goals in areas including cybersecurity resilience and discriminatory output. Continue reading ‘EU AI Act Checker’ Holds Big AI Accountable for Compliance

Just in time for the holiday season, Google Shopping is launching an AI-powered personalized feed that recommends items customers might like. The redesign is coming to desktop and mobile devices in the U.S. in the coming weeks. Suggested items are based on search and YouTube histories as well as AI inference. Shoppers will get “an AI-generated brief with top things to consider” in finding the right item, plus a curated feed of products. For now, the brief will be labeled “experimental,” and Google is encouraging feedback for the times AI doesn’t get it 100 percent right. Continue reading Google Shopping Redesigned with Gemini Feed, Infinite Scroll

Adobe has launched a public beta of its Generate Video app, part of the Firefly Video model, which users can try for free on a dedicated website. Login is required, and there is still a waitlist for unfettered access, but the Web app facilitates up to five seconds of video generation using text and image prompts. It can turn 2D pictures into 3D animation and is also capable of producing video with dynamic text.  The company has also added an AI feature called “Extend Video” to Premiere Pro to lengthen existing footage by two seconds. The news has the media lauding Adobe for beating OpenAI’s Sora and Google’s Veo to market. Continue reading Adobe Promos AI in Premiere Pro, ‘Generate Video’ and More

Meta is rolling out new generative AI advertising tools for video creation on Facebook and Instagram. The expansion to the Advantage+ creative ad suite will become widely available to advertisers in early 2025. The announcement, made at Advertising Week in New York last week, was positioned as a way for marketers to improve campaign performance on Meta’s social platforms. The new tools will allow brands to convert static images into video ads. The company also announced a new full screen video tab for Facebook that feeds short-form Reels with long-form and live-stream content. Continue reading Meta Announces New GenAI Video Tools at Advertising Week

Hailuo, the free text-to-video generator released last month by the Alibaba-backed company MiniMax, has delivered its promised image-to-video feature. Founded by AI researcher Yan Junjie, the Shanghai-based MiniMax also has backing from Tencent. The model earned high marks for what has been called “ultra realistic” video, and MiniMax says the new image-to-video feature will improve output across the board as a result of “text-and-image joint instruction following,” which means Hailuo now “seamlessly integrates both text and image command inputs, enhancing your visuals while precisely adhering to your prompts.” Continue reading MiniMax’s Hailuo AI Rolls Out New Image-to-Video Capability

Adobe is introducing a free, web-based Content Authenticity app that lets creators “sign” their work with the aim of protecting rights and controlling attribution against unwanted AI attention. It allows creators to assign “do not train” tags to images, video or audio. Batch designation is another convenience those with voluminous output will appreciate as a time saver. Users can select the Generative AI Training and Usage Preference options in the Adobe Content Authenticity app to set preferences, whether or not the work was created using Adobe Creative Cloud apps. Continue reading Free Adobe Content Authenticity Web App Shields Against AI

Samsung heralded the world of personalized AI at its 10th annual developer conference, where Samsung Electronics Vice Chairman, CEO and Head of Device eXperience Jong-Hee Han said those who own the company’s top of the line TVs will soon have generative AI, ChatGPT and a more responsive relationship with Bixby, Samsung’s smart assistant. The company introduced AI Cast, making it simpler to get intelligence from Galaxy phones to Samsung TVs. The Galaxy S24 series, released early this year, has native AI that will soon generate content that can be beamed to a sprawling TV screen. Continue reading Samsung Developer Conference Emphasizes AI, One UI 7 UX

Meta Platforms has unveiled Movie Gen, a new family of AI models that generates video and audio content. Coming to Instagram next year, Movie Gen also allows a high degree of editing and effects customization using text prompts. Meta CEO Mark Zuckerberg demonstrated its abilities last week in an example shared on his Instagram account, where he sends a leg press machine at the gym through transformations as a steam punk machine and one made of molten gold. The models have been trained on a combination of licensed and publicly available datasets. Continue reading Meta’s Movie Gen Model is a Powerful Content Creation Tool