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Meta launches AI image generator and gives celebrity chatbots long-term memory

Summary Meta introduces several updates for generative AI in its products. The image generator is now available outside of chat, and AI images will be watermarked in the future. Meta’s chatbot “Meta AI” will now provide more precise summaries of search results. The language model will also take on more English-language tasks on Facebook and …

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Google rolls out AI model “Gemini Pro”, “Gemini Ultra” to beat GPT-4

Summary Google’s long-awaited Gemini Pro AI model finally debuts in Bard, albeit in a smaller version with fewer capabilities. With Ultra, Google is teasing a larger Gemini model for early 2024 that is supposed to beat OpenAI’s GPT-4. According to Google, Gemini Pro is a competitor to OpenAI’s year-old GPT-3.5 AI model. It is supposed …

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Elon Musk-backed AI startup X.AI files for $1 billion equity offering

Elon Musk’s AI startup, X.AI, has filed with the SEC to raise up to $1 billion in an equity offering. The company has already raised at least nearly $135 million from four investors, and the filing suggests that the company may have raised the full amount it’s seeking (“[t]he issuer has entered into a binding …

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Google to demonstrate GPT-4 competitor “Gemini” this week

Summary Added Gemini preview report Update December 5: Google is reportedly planning a preview of Gemini for journalists and developers this week, The Information reports, citing a person familiar with the matter. The cloud version of Gemini is still scheduled for release next year. Developer and investor Siqi Chen posted a screenshot on Twitter.com showing …

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Meta, IBM, AMD and more than 50 companies and universities form Open Source AI Alliance

Summary Meta and IBM have launched a coalition of more than 50 AI companies and research institutions to promote open AI development and differentiate themselves from OpenAI and ChatGPT. The AI Alliance, whose notable members include AMD, Intel, Oracle, Cornell University, and the National Science Foundation, is pooling resources to support open innovation and open …

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RunwayML and Getty Images work on custom video AI models without copyright issues

Summary AI video platform RunwayML is partnering with Getty Images to develop copyright-compliant AI tools for video creation. The collaboration will result in the Runway <> Getty Images Model (RGM), which combines Runway’s technology with Getty Images’ fully licensed library of creative content. The goal of the partnership is to give creatives more control and …

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OpenAI’s ChatGPT Enterprise has “many, many, many thousands” of companies waiting

Summary OpenAI’s ChatGPT Enterprise is in high demand, as COO Brad Lightcap reveals in a CNBC interview. According to Lightcap, “many, many, many thousands” of companies are on the waiting list for the AI tool. Since November, 92 percent of Fortune 500 companies have used ChatGPT, a significant increase from 80 percent in August. Lightcap …

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