Anticipating what one outlet calls “the likely imminent release of OpenAI’s Sora,” generative AI video competitors are compelled to step up their game. Luma AI has released a major upgrade to its Dream Machine, speeding its already quick video generation and enabling a chat function for natural language prompts, so you can talk to it as with OpenAI’s ChatGPT. In addition to the new interface, Dream Machine is going mobile and adding a new foundation image model, Luma AI Photon, which “has been purpose built to advance the power and capabilities of Dream Machine,” according to the company. Continue reading Luma AI Upgrades Its Video Generator and Adds Image Model

Lightricks has released an AI model called LTX Video (LTXV) it says generates five seconds of 768 x 512 resolution video (121 frames) in just four seconds, outputting in less time than it takes to watch. The model can run on consumer-grade hardware and is open source, positioning Lightricks as a mass market challenger to firms like Adobe, OpenAI, Google and their proprietary systems. “It’s time for an open-sourced video model that the global academic and developer community can build on and help shape the future of AI video,” Lightricks co-founder and CEO Zeev Farbman said. Continue reading Lightricks LTX Video Model Impresses with Speed and Motion

Nvidia has unveiled an AI sound model research project called Fugatto that “can create any combination of music, voices and sounds” based on text and audio inputs. Described by Nvidia as “the world’s most flexible sound machine,” many appear to agree that the new model represents an audio breakthrough, with the potential to generate a wide array of sounds that have not previously existed. While popular sound models from companies including Suno and ElevenLabs “can compose a song or modify a voice, none have the dexterity of the new offering,” Nvidia claims. Continue reading Nvidia AI Model Fugatto a Breakthrough in Generative Sound

Nvidia sales were up 94 percent to $35 billion in the most recent quarter when profits more than doubled, to $19.3 billion, telegraphing the strength of the artificial intelligence boom that took the company from the top supplier of graphics boards for gaming PCs to the world’s most valuable public company with a market cap of $3.59 trillion. Nvidia founder and CEO Jensen Huang told analysts that demand for the company’s latest AI chip, Blackwell, has been “incredible,” driving projections of $3.59 trillion in revenue for the current quarter as customers begin to take shipments. Continue reading AI Boom Boosts Nvidia Sales by 94 Percent as Profits Double

Microsoft’s expansion of AI agents within the Copilot Studio ecosystem was a central focus of the company’s Ignite conference. Since the launch of Copilot Studio, more than 100,000 enterprise organizations have created or edited AI agents using the platform. Copilot Studio is getting new features to increase productivity, including multimodal capabilities that take agents beyond text and Retrieval Augmented Generation (RAG) enhancements to enable agents with real-time knowledge from multiple third-party sources, such as Salesforce, ServiceNow, and Zendesk. Integration with Azure is expanded as 1,800 large language models in the Azure catalog are made available. Continue reading Microsoft Pushes Copilot Studio Agents, Adds Azure Models

Ernie, the foundation model for Baidu’s generative AI, has been updated with iRAG technology to mitigate visual hallucinations and a no-code tool called Miaoda that creates apps using natural language. The company behind China’s largest search engine says Ernie now handles 1.5 billion daily user queries, up from 50 million circa its March 2023 launch (a 30x increase). Baidu also debuted Ernie-powered smart glasses from its Xiaodu Technology hardware unit. The Xiaodu AI Glasses features built-in voice activation and cameras for taking photos and video. The news was shared at this week’s Baidu World 2024 in Shanghai. Continue reading Baidu’s Ernie AI Gets Improved Text-to-Image and App Builder

Revenue reached an all-time high for Apple’s most recent quarter as iPhone sales experienced an uptick due in part to consumer excitement for the arrival of Apple Intelligence, the company’s heavily advertised set of AI tools. Total sales reached $94.9 billion for the quarter, up 6 percent year-over-year and exceeding the $94.5 billion that financial analysts had predicted. The company’s iPhone business reported sales of $46.2 billion, following disappointing consecutive quarters in the first half of the year. The AI boom resulted in strong quarters for other Big Tech leaders including Alphabet, Amazon, Meta Platforms and Microsoft. Continue reading Jump in iPhone Business Results in Record Quarter for Apple

The AI search wars are officially on, with Google giving Gemini access to its online answer engine just hours before OpenAI launched ChatGPT Search. Google is primarily targeting developers with its new feature, “Grounding with Google Search,” though the Alphabet company used the occasion to also tout its new search return template, AI Overviews. Launched last week, ChatGPT Search offers responses in real time using a conversational format. Initially, it is available only to ChatGPT Plus and Teams subscribers as well as those on the SearchGPT waitlist as part of ChatGPT’s existing interface. Continue reading AI Search Wars Heat Up as OpenAI and Google Add Features

Alphabet’s revenue increased by 15 percent during the latest quarter, topping $88.3 billion. Powered by advertising and cloud services, profits surged 34 percent to $26.3 billion, exceeding Wall Street expectations of $22.9 billion. The company experienced continued growth in the online marketplace with popular consumer services such as Google Search and YouTube while also expanding in B2B with cloud offerings. All this as the government explores dismantling its business while competitors such as TikTok and Amazon come after its market share. Advertising growth slowed in Q3, yet still notched a healthy year-over-year increase of 10.4 percent. Continue reading Alphabet Profits Climb 34 Percent, Powered by Cloud and Ads

Propelled by increasing demand for artificial intelligence services, Microsoft cloud solutions, which includes the Azure platform, was the star of the quarter, bringing in $38.9 billion for 22 percent growth year-over-year. Revenue was $65.6 billion, up 16 percent, while profit increased by 11 percent, to $24.7 billion. While Microsoft financials don’t break out AI — now embedded across numerous products — Chairman and CEO Satya Nadella says AI “is on track to surpass an annual revenue run rate of $10 billion” by December 31, “making it the fastest business in our history to reach this milestone.” Continue reading AI Surges: Microsoft Quarterly Revenue Climbs to $65.6 Billion

In its first week of public beta, Anthropic’s “Computer Use” feature is gaining immediate traction, helping people do research and complete coding tasks. Claude works autonomously in Computer Use mode, suggesting broad implications for future productivity and workforce goals. Coming on the heels of OpenAI’s Swarm framework, these early forays into independent AI assistants seem to indicate that implementing such systems will be an area of focus for businesses in 2025. Claude can “see” what’s onscreen and use its “judgment” to adapt to different tasks, segueing across workflows and software. Continue reading Anthropic’s AI Agents for Claude Sonnet Increase Productivity

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

Nvidia has debuted a new AI model, Llama-3.1-Nemotron-70B-Instruct, that it claims is outperforming competitors GPT-4o from OpenAI and Anthropic’s Claude 3.5 Sonnet. The impressive showing has prompted speculation of an AI shakeup and a significant shift in Nividia’s AI strategy, which has thus far been focused primarily on chipmaking. The model was quietly released on Hugging Face, and Nvidia says as of October 1 it ranked first on three top automatic alignment benchmarks, “edging out strong frontier models” and vaulting Nvidia to the forefront of the LLM field in areas like comprehension, context and generation. Continue reading Nvidia’s Impressive AI Model Could Compete with Top Brands

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

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