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Microsoft’s aggressive moves in the AI space highlight the fierce competition among tech giants. As AI systems become increasingly resource-intensive, having the right talent will be vital for delivering cutting-edge AI experiences. In addition to strategic hires, [genmoai](https://acraftai.com/genmo-ai-review-2024-is-it-worth-the-hype/) Microsoft is rumored to develop a supercomputer project, which could have far-reaching implications for various industries. He will join Microsoft as the corporate vice president and deputy CTO, tasked with building systems to advance the company’s AI ambitions.
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Embrace the future today by downloading our app and revolutionize your engagement with AI tools. Much of Stargate’s cost would go towards procuring millions of specialized AI chips, with funding primarily from Microsoft. OpenAI has offered a glimpse into its latest breakthrough – Voice Engine, an AI model that can generate stunningly lifelike voice clones from a mere 15-second audio sample and a text input. Researchers at the Shanghai AI Laboratory have created a new AI model called CosmicMan that specializes in generating realistic images of people.
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It’s the first text-to-speech model built for responsive, conversational AI agents and applications. Companies can use these agents for customer service in call centers and other customer-facing roles. Oracle has added advanced AI capabilities to its finance and supply chain software suite, aimed at improving decision-making and enhancing customer and employee experience. For instance, Oracle Fusion Cloud SCM includes features such as item description generation, supplier recommendations, and negotiation summaries.
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In October 2024, the landscape of artificial intelligence continues to evolve at an unprecedented pace, with groundbreaking innovations and developments emerging daily. The "Daily AI Chronicle" aims to capture the essence of these advancements, providing a comprehensive summary of the latest news and trends in AI technology throughout the month. Join us as we explore the exciting world of AI innovations, keeping you informed and engaged with the rapid changes set to influence our future. Mochi 1 is a video generation model that transforms text and images into high-quality videos. Haiper launches Haiper 2.0, its updated AI video generation model, promising faster and more realistic video production.
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This first-ever tool of its kind will help OpenAI identify copyrighted text, images, audio, and video across multiple sources and reflect creator preferences. Google also introduced Veo, a high-quality video generation model, and significant updates to Google Search, including expanded AI Overviews, advanced planning capabilities, and AI-organized search results. Also, as major PC manufacturers want to introduce AI-powered laptops this summer, Microsoft might lead the way by introducing CoPilot PC+ and now Phi Silica. ElevenLabs introduces Text to Sound, an AI model that generates sound effects, instrumental tracks, soundscapes, and character voices from text prompts. The tool aims to help film, TV, video games, and social media creators produce high-quality audio content quickly and affordably.
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Genmo.ai is an open-source platform that allows users to create videos from text prompts utilizing AI video generation technology. Genmo stands out by democratizing video production, enabling users to create videos from text or images with unprecedented ease. Its unique selling point lies in its AI-driven functionalities that simplify complex video editing and production processes, making professional-quality videos attainable for everyone. Another competitor in the AI video space is Luma AI, which focuses on producing high-resolution videos and images using advanced AI models.
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Early results show that this next-generation silicon has improved performance by 3x over the first-generation chip across four key models evaluated. The M4 chip will come in three tiers (Donan, Brava, Hidra) and will be rolled out across various Mac models throughout 2024 and early 2025. Lower-tier models like MacBook Air and Mac Mini will get the base Donan chip, while high-performance Mac Pro will be equipped with the top-tier Hidra. We can expect to learn more about the specific AI features of the M4 chip at Apple’s WWDC on June 10th.
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The Bloomberg report, which cites insider sources, notes that while these AI images made up only 5% of Firefly’s training data, their inclusion has sparked an internal ethics debate within Adobe. Developed by xAI, this dataset features over 700 anonymized images from real-world scenarios, each accompanied by a question and verifiable answer. The release of Grok-1.5V and the RealWorldQA dataset aims to advance the development of AI models that can effectively comprehend and interact with the physical world. Reka, a lesser-known AI startup has launched a new flagship offering, Reka Core – a most advanced and one of only two commercially available comprehensive multimodal solutions.
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OpenAI CEO Sam Altman once touted the AI juggernaut’s relationship with Microsoft as the "best bromance in tech." A new report from the New York Times suggests the relationship between the two companies is deteriorating. For example, employees at the two companies are at odds over how much computing power OpenAI needs to be given to build the most cutting edge technologies. Additionally, Microsoft has forged ties with OpenAI’s competitors like Inflection, whose CEO Mustafa Suleyman now leads Microsoft’s consumer AI efforts.
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The platform is known for its ability to generate highly detailed and lifelike videos, making it suitable for individuals seeking to create personalized visual content. The interface is designed to be user-friendly, making it accessible to beginners and experienced users. Shortspilot is an AI-powered tool designed to help users create faceless, auto-generated videos with a single click, targeting viral niches for social media platforms like TikTok, Instagram, and YouTube. [Genmo AI](https://acraftai.com/genmo-ai-review-2024-is-it-worth-the-hype/) is revolutionizing the video creation process by providing an AI-powered tool that allows users to produce videos and animations effortlessly. The tool leverages natural language processing to understand the text prompts provided by the user and then generates relevant videos according to the input. The platform enables businesses, marketers, and content creators to create engaging video content that captures their audiences' attention quickly.
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