Google unveils AI video generator

🔮 Apple's plans to bring gen AI to iPhones LINK

• Apple is intensifying its AI efforts, acquiring 21 AI start-ups since 2017, including WaveOne for AI-powered video compression, and hiring top AI talent.

• The company's approach includes developing AI technologies for mobile devices, aiming to run AI chatbots and apps directly on iPhones rather than relying on cloud services, with significant job postings in deep learning and large language models.

• Apple is also enhancing its hardware, like the M3 Max processor and A17 Pro chip, to support generative AI, and has made advancements in running large language models on-device using Flash memory.

🤷‍♀️ OpenAI went back on a promise to make key documents public LINK

• OpenAI, initially committed to transparency, has backed away from making key documents public, as evidenced by WIRED's unsuccessful attempt to access governing documents and financial statements.

• The company's reduced transparency conceals internal issues, including CEO Sam Altman's controversial firing and reinstatement, and the restructuring of its board.

• Since creating a for-profit subsidiary in 2019, OpenAI's shift from openness has sparked criticism, including from co-founder Elon Musk, and raised concerns about its governance and conflict of interest policies.

🎥 Google unveils AI video generator Lumiere LINK

• Google introduces Lumiere, a new AI video generator that uses an innovative "space-time diffusion model" to create highly realistic and imaginative five-second videos.

• Lumiere stands out for its ability to efficiently synthesize entire videos in one seamless process, showcasing features like transforming text prompts into videos and animating still images.

• The unveiling of Lumiere highlights the ongoing advancements in AI video generation technology and the potential challenges in ensuring its ethical and responsible use.

🤖 Microsoft, Amazon and Google face FTC inquiry over AI deals LINK

• The FTC is investigating investments by big tech companies like Microsoft, Amazon, and Alphabet into AI firms OpenAI and Anthropic to assess their impact on competition in generative AI.

• The FTC's inquiry focuses on how these investments influence the competitive dynamics, product releases, and oversight within the AI sector, requesting detailed information from the involved companies.

• Microsoft, Amazon, and Google have made significant investments in OpenAI and Anthropic, establishing partnerships that potentially affect market share, competition, and innovation in artificial intelligence.