Alibaba Launches Over 100 New Open-Source AI Models, Unveils Text-to-Video Tool The Chinese e-commerce giant is also introducing a text-to-video generation tool that enables users to create videos based on text prompts.
BingX Crypto Exchange Was Compromised, Resulting In The Theft Of $43 Million Lien also reassured users that any losses would be fully compensated, with trading services continuing as usual, although withdrawals and deposits are temporarily delayed.
YouTube Announces AI Features For Shorts Creators These tools aim to streamline content creation by making it faster and more efficient. The AI-generated backgrounds will be available later in 2024, with the six-second clips coming in 2025.
Fal AI Secures $23 Million In Funding To Transform AI-Generated Media The company currently allows model developers to handle moderation, but it has plans to enhance its in-house efforts.
Microsoft And BlackRock Lead Initiative To Raise $100 Billion For AI Data Centers And Energy Infrastructure The GAIIP partnership is poised to accelerate the growth of AI-driven technology while focusing on sustainable energy solutions for the future.
Sam Altman Has Resigned From OpenAI's Safety Committee In The Wake Of Increasing scrutiny Altman's departure follows increased scrutiny from U.S. lawmakers and former OpenAI staff. Over the summer, five U.S. senators raised questions about OpenAI’s safety policies.
OpenAI Unveils o1, A New AI Model Focused On Self-Fact-Checking And Advanced Reasoning The standout feature of o1 is its ability to "think" before answering, improving its performance in complex, multi-step tasks like legal analysis and coding.