MiniMax’s Hailuo AI Rolls Out New Image-to-Video Capability

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

Google Serving Ads in AI Overviews and Lens Search Results

Having demonstrated how advertisements in its AI Overviews would work back in May at its Google Marketing Live event, the search giant is now adding the feature for U.S. mobile users and plans to include Google Lens shopping ads “above and alongside visual search results by the end of the year.” “The ways people ask questions today have expanded beyond the search box,” notes Google, explaining the move as a response to that evolution, as artificial intelligence technology has helped consumers use their voice and cameras “to explore the world around them.” Continue reading Google Serving Ads in AI Overviews and Lens Search Results

New TikTok Live Subscriptions Help More Creators Monetize

TikTok is updating its Live subscription offering, renaming the monetization offering simply “Subscription,” opening it up to eligible non-Live creators in regions including the U.S., Japan, Brazil, France, the UK and Germany. Like the third-party subscription platform Patreon, TikTok’s Subscription allows fans to pay creators for exclusive content and other perks. In participating regions, creators can offer fans monthly subscriptions at three price tiers, each with its own parameters and perks. TikTok launched Live subscriptions in 2022 and announced in March that it would be revamping the feature to allow more users to monetize. Continue reading New TikTok Live Subscriptions Help More Creators Monetize

Google Unveils Gemini-Powered Ad Features and AI Image ID

AI-powered ad campaigns “are continuing to deliver big results for businesses large and small,” according to Google, which has put Gemini to work for Google Ads. The company announced at the DMEXCO digital marketing event in Cologne a new suite of Gemini-powered tools aimed at making the experience even better by providing additional insights and more control over where and how marketing assets are deployed globally using Google Ads. For starters, Gemini’s “conversational experience” for search campaigns will expand its language palette, making auto-generated headlines and images available in German, French and Spanish in the months ahead. Continue reading Google Unveils Gemini-Powered Ad Features and AI Image ID

Story Raises $80M to Create Blockchain-Based IP Protection

Palo Alto-based startup PIP Labs announced an $80 million funding round for Story Protocol, a blockchain platform to track intellectual property rights in the era of artificial intelligence and the data scraping that enables model training. CEO and co-founder Seung Yoon “SY” Lee says the company aims to create a more sustainable IP environment for digital consumers and builders. The raise, led by Andreessen Horowitz (a16z) and Polychain Capital, values the startup at $2.25 billion. The move comes after Sahara AI announced it raised $43 million this month to fund a blockchain-based IP tracking system. Continue reading Story Raises $80M to Create Blockchain-Based IP Protection

Google Reaches a Compromise with California News Outlets

Google has reached a deal with California to contribute to a $250 million fund supporting California journalism over five years in exchange for legislators abandoning a bill requiring the tech giant to pay to use news content in Google Search. The proposed compromise, which has already generated controversy, allocates roughly $70 million from the state budget with the rest primarily from Google. In addition to financially supporting newsrooms, the fund will create a National AI Innovation Accelerator to provide access to new tools. Both initiatives are expected to go live in 2025, pending legislative approval. Continue reading Google Reaches a Compromise with California News Outlets

Q2 Report: Reddit Adds Users, Narrows Losses, Preps for AI

Reddit will soon add AI-generated summaries atop its search results, co-founder and CEO Steve Huffman told investors on a Q2 earnings call last week. The company will later this year begin testing AI-powered search result pages that “summarize and recommend content,” said Huffman, who expects the technology will help Reddit users “dive deeper” into content and aid in discovery. Huffman mused monetization strategies, including boosting ad inventory and possibly installing a paywall to differentiate premium content. The discussions accompanied news that Reddit lost $10.1 million in Q2, which saw revenues of $281 million, a 54 percent increase year-over-year. Continue reading Q2 Report: Reddit Adds Users, Narrows Losses, Preps for AI

Max Embraces Homepage Personalization After Positive Tests

Max, the streaming service formerly known as HBO Max, has redesigned its homepage with features designed to foster personalization and help fight search fatigue. Last month Max rolled out “whole page optimization,” with added rows of personalized content across the entire homepage. Since that change went well, according to parent Warner Bros. Discovery, the company is doing more along those lines, emphasizing an algorithm-driven approach to content curation, similar to that used by Netflix. Viewing history and selection patterns now inform recommendations as to which shows, movies or content categories users might like. Continue reading Max Embraces Homepage Personalization After Positive Tests

Microsoft Testing Bing Generative Search for User Feedback

Microsoft has begun the release of Bing generative search, making it available for “a small percentage of user queries.” The company says it will solicit user feedback and undertake further testing prior to a broader rollout. Google began dabbling in what it called the Search Generative Experience last summer, then upped the ante by adding a search-optimized version of its Gemini model this spring. The journey was not without controversy, something Microsoft will surely try to avoid. Microsoft says its new AI-driven search functionality “combines the foundation of Bing’s search results with the power of large and small language models (LLMs and SLMs).” Continue reading Microsoft Testing Bing Generative Search for User Feedback

OpenAI Begins Testing Prototype of New AI Search Features

San Francisco-based OpenAI revealed it is currently testing SearchGPT, a prototype of new AI search features that provides “fast and timely answers with clear and relevant sources.” The testing arrives as similar technology is made available by leading search services Google and Microsoft Bing. The SearchGPT prototype, featuring a user interface similar to that of OpenAI’s ChatGPT chatbot and virtual assistant, launched last week to a group of 10,000 test users and publishers who will be tapped for feedback. The plan is to iterate an improved version and then integrate SearchGPT directly into ChatGPT, although no timeline was provided. Continue reading OpenAI Begins Testing Prototype of New AI Search Features

Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

Alphabet announced that its revenue was up 14 percent to $84.7 billion in Q2, slightly outperforming expectations. Profits rose 29 percent to $23.6 billion, beating analyst targets by $900 million. Search continued to be a top performer, generating $48.5 billion in the three-month period ending June 30, while Google advertising was up 10.5 percent to $64.6 billion. Google CEO Sundar Pichai said the company’s cloud and generative AI solutions “are being used by more than 2 million developers.” The Google Cloud services unit surpassed the $10 billion quarterly revenue mark for the first time. “We are innovating at every layer of the AI stack,” Pichai added. Continue reading Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

OpenAI to Expand Data Indexing, Analysis with Rockset Tech

OpenAI has acquired Rockset, a database firm that provides real-time analytics, indexing and search capabilities. Rockset will help OpenAI enable its customers to better leverage their own data as they build and utilize intelligent applications. Rockset technology will be integrated into the retrieval infrastructure across OpenAI products, with members of Rockset’s San Mateo, California-based team joining the staff of OpenAI, which is headquartered in San Francisco. This is the second major purchase for OpenAI, following last year’s acquisition of New York-based AI design studio Global Illumination. Financial terms of the deal were not disclosed. Continue reading OpenAI to Expand Data Indexing, Analysis with Rockset Tech

Genspark Joins Collection of GenAI-Powered Search Engines

MainFunc Inc. has raised $60 million on the strength of its principal technology — a free, AI-powered search engine called Genspark. The platform responds to queries by writing custom summaries that are presented in a “Sparkpage,” a one-page overview featuring content from around the web. Genspark joins a growing field of generative AI search engines, the best-known of which is Perplexity, which has raised $250 million since its 2022 launch and is currently valued at about $2.5 billion. Reuters says Genspark’s funding values the company at $260 million. Google also offers “AI Overviews” as part of Google search. Continue reading Genspark Joins Collection of GenAI-Powered Search Engines

Green Startup CuspAI Secures $30 Million, Meta Partnership

CuspAI, a UK startup that aims to help engineer sustainable materials, has raised $30 million from venture funds in Europe and the U.S., secured a partnership with Meta’s FAIR unit, and employed the advisory services of AI pioneer Geoffrey Hinton in its mission to tackle climate change. “CuspAI leverages cutting-edge generative AI, deep learning, and molecular simulation to streamline the material design process,” the company announced. Its platform “functions like a search engine for materials, allowing users to request specific properties for new materials on demand,” speeding the process of “the discovery of materials with precise functionalities.” Continue reading Green Startup CuspAI Secures $30 Million, Meta Partnership

Meta Advances Multimodal Model Architecture with Chameleon

Meta Platforms has unveiled its first natively multimodal model, Chameleon, which observers say can make it competitive with frontier model firms. Although Chameleon is not yet released, Meta says internal research indicates it outperforms the company’s own Llama 2 in text-only tasks and “matches or exceeds the performance of much larger models” including Google’s Gemini Pro and OpenAI’s GPT-4V in a mixed-modal generation evaluation “where either the prompt or outputs contain mixed sequences of both images and text.” In addition, Meta calls Chameleon’s image generation “non-trivial,” noting that’s “all in a single model.” Continue reading Meta Advances Multimodal Model Architecture with Chameleon