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Welcome back, AI’ers!

Here’s What’s On The Menu For Today

• 🤖 OpenAI's For-Profit Pivot

• ✨ The AI bill Gavin Newsome Vetoed

• 📰 News Hot Off The Press

• 💰️ Newly Added AI Tools

A MESSAGE FROM OUR PARTNER

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TODAY’S TOP STORIES

💵 Runway earmarks $5M to fund up to 100 films using AI-generated video (LINK)

Runway, an AI video generation company, has earmarked $5 million to fund up to 100 films that incorporate their AI technology. The initiative, called the Hundred Film Fund, aims to support various video projects, from features to music videos, with grants and service credits

• The fund offers cash grants and up to $2 million in Runway credits for selected projects

• Runway will not assert ownership over the funded projects but requires biweekly updates and showcasing rights

• Industry advisors, including Tribeca film festival co-founder Jane Rosenthal and will.i.am, will help select awardees

📹 OpenAI's video AI Sora reportedly gets an upgrade to produce longer, higher quality clips faster (LINK)

OpenAI is reportedly developing an upgraded version of its video AI Sora, aiming to produce longer, higher quality video clips faster than the original demos. The improved version seeks to address issues like generation time, consistency, and physics errors that were present in the initial release. OpenAI is collecting millions of hours of high-resolution video footage as training data to enhance Sora's capabilities

• The original Sora model faced challenges, including long generation times and inconsistencies in styles, objects, and characters

• OpenAI is working to reduce generation costs, as the system remains significantly more expensive than current AI systems

• Since Sora's launch, the video AI market has seen rapid development, with new competitors emerging in China and partnerships forming in the industry

📥 A deepfake caller pretending to be a Ukrainian official almost tricked a US senator (LINK)

Senator Ben Cardin was targeted by a sophisticated deepfake impersonating former Ukrainian Foreign Minister Dmytro Kuleba during a Zoom call. The impersonator asked politically charged questions, raising suspicions and prompting an investigation.

• The deepfake caller exhibited "technical sophistication and credibility," closely mimicking Kuleba's appearance and voice.
  

• Cardin became suspicious when the impersonator asked sensitive foreign policy questions and ended the call.
  

• Senate security officials warned of potential future attempts, highlighting the increasing threat of AI-powered social engineering.

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OTHER NEWS YOU MAY LIKE

You can now chat and play games with Duolingo’s AI characters to learn Spanish or French (link)

Amazon’s $4 billion partnership with AI startup Anthropic gets UK competition clearance (link)

Meta's new AI-made posts open a Pandora's box (link)

Google's NotebookLM can now turn audio recordings and YouTube videos into interactive podcasts (link)

Gemini is making Gmail’s smart replies smarter (link)

Will the ‘Goodbye Meta AI’ message protect users’ posts from being used to train AI? (link)

AI bots now beat 100% of those traffic-image CAPTCHAs (link)

ChatGPT subscription cost could potentially double in a few years; OpenAI raising $7 billion (link)

Apple working on AI-enabled HomePod with touchscreen and video conferencing features (link)

Meta pays the price for storing hundreds of millions of passwords in plaintext (link)

Apple not investing in OpenAI after all (link)

Google Deepmind's Alphachip AI creates three generations of TPUs (link)

TSMC execs allegedly dismissed Sam Altman as ‘podcasting bro’ (link)

Sam Altman told OpenAI employees he doesn't expect a 'giant equity stake' (link)

Stanford AI experiment "STORM" generates Wikipedia-style articles (link)

Ai2’s new Molmo open source AI models beat GPT-4o, Claude on some benchmarks (link)

Google Paid $2.7 Billion to Bring Back an AI Genius Who Quit in Frustration (link)

FROM THE WEB

✨ California Governor, Gavin Newsome vetos SB-1047

California Governor, Gavin Newsome, just vetoed an AI bill that was intended to hold model makers responsible for any catastrophic harm that came from use of the models.

This is a huge deal.

This means, for example, OpenAI wouldn’t be held responsible if someone where to use the tool to do harm.

This is a great move in our opinions. It should be the individual using the tool not the tool maker who gets held accountable.

But not everyone agrees.

Kat Woods, a Co-founder of Nonlinear an AI safety organization, said she is disappointed in this outcome because she feels majority of Californians were not listened to.

We understand that AI safety should be considered here.

But this bill in particular seems too heavy handed.

California is often the first state to dictate what happens in other states here in the US…

So the fact that Gavin vetoed the bill, means AI companies can continue to innovate without legal worry.

NEW TOOLS FROM OUR DATABASE

*Flow - Flow is a Mac dictation app that writes 3x faster than typing, perfect for AI prompts, with auto-edits and 100+ languages

AI Pattern - an automated, AI-powered tool designed to revolutionize the process of pattern design. It caters to designers faced with tight deadlines, demanding clients, and the need to produce fresh, innovative designs.

Generate Icons - an AI-powered tool that assists users in creating high-quality images with ease and efficiency. The application offers a user-friendly interface which facilitates easy image creation with the simple expenditure of credits.

CarBuddy - an AI-powered assistant designed for navigating Craigslist for cars. This tool integrates Kelley Blue Books (KBB) information, helping users make informed decisions regarding car purchases.

Eightify -  a Chrome extension powered by ChatGPT that provides concise summaries of long YouTube videos. This tool is designed to save users' time, keep them updated on AI and GPT trends, provide fast and easy business education, fast-track personal growth, and help users learn more in less time. 

AI Hairstyle - a platform that offers AI-powered tools for hair-related transformations. The AI Hairstyle Generator provides a personalized experience by proposing cuts and designs tailored to individual users.

Astrology AIs - a platform that offers various artificial intelligence chatbots with a focus on astrology. These chatbots provide personalized astrological insights and predictions, with data input forms like palm photos, birth data, and more.

MarketAlerts AI - a tool that monitors your stocks, providing updates on earnings calls, report summaries, technical patterns, product launches, financial guidance changes, analyst ratings, insider buys, mergers and acquisitions, and legal actions.

Veeroll - an AI-powered tool designed to help businesses grow their presence on social media through quality videos. It simplifies the process of creating and posting short-form videos without the need for any filming.

Headshot Photo - a free AI tool that transforms uploaded photos into professional headshots, suitable for LinkedIn, corporate profiles, resumes, and social media, with customizable styles and backgrounds.

ZapStart - an AI-powered tool designed to help validate startup ideas rapidly and efficiently.

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THAT’S IT FOR TODAY

Until next time, stay safe.

-Best of AI Team

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