Salesforce unveils Text-to-Video generation technology! 🎥✨; Chinese Tech Giants Double AI Investment Amid US Pressures 📈💡; EU AI Regulation: Who Will Lead the GPAI Code?🤖
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👋 Hey, Abderrahim here! Welcome to your daily dose of AI news. I'll bring you the latest breakthroughs and innovations in AI across various industries. Stay tuned and stay informed! 🤖 Connect with me on LinkedIn to keep the conversation going! 📈💼
Today’s top picks…
Salesforce unveils Text-to-Video generation technology! 🎥✨
Salesforce introduces xGen-VideoSyn-1, a text-to-video generation model that creates realistic videos from written descriptions. This model builds on advanced technologies like OpenAI's Sora and uses a video variational autoencoder (VidVAE) to compress video data, making it easier to generate long videos efficiently. By incorporating a Diffusion Transformer (DiT) with advanced self-attention layers, xGen-VideoSyn-1 maintains consistency in video segments and adapts to different timeframes and aspect ratios. The model was trained on over 13 million video-text pairs and can generate over 14-second 720p videos, offering strong performance compared to other top models
D-ID Unveils AI Video Translation with Voice Cloning & Lip Sync 🎙️🎥
D-ID has launched an AI-powered video translation tool that not only translates videos into 30 languages but also clones the speaker's voice and adjusts lip movements to match the translated words. This new feature builds on D-ID's earlier success with AI-animated photos and is now available to subscribers for free. The company, which raised $25 million in 2022, offers subscription plans starting at $56 per year, with prices increasing based on usage and features.
Arizona State University Personalizes Learning & Boosts Research with ChatGPT 🎓🤖
Arizona State University (ASU), one of the largest public universities in the U.S., has been recognized as the most innovative university for nine consecutive years by U.S. News and World Report. In February 2024, ASU launched an "AI Innovation Challenge," asking faculty and staff to find ways to use ChatGPT to improve teaching, research, and the work environment. The response was overwhelming, leading to the implementation of over 200 projects involving professors, student researchers, and undergraduates across campus. This initiative reflects ASU's commitment to using AI to enhance education and drive human potential.
Chinese Tech Giants Double AI Investment Amid US Pressures 📈💡
Chinese tech companies are significantly increasing their AI investments in response to U.S. export controls targeting China's AI sector. In the first half of 2024, Baidu invested 4.2 billion yuan ($589.2 million) in AI, while Alibaba and Tencent each invested 23 billion yuan, pushing their combined AI expenditure over 50 billion yuan—more than double the previous year. These investments are focused on acquiring chips and infrastructure for developing large language models (LLMs). Despite U.S. efforts to limit access to advanced AI technologies, Chinese firms are advancing their AI capabilities, with growing R&D expenditures and a surge in revenue from AI products. Analysts suggest that these investments are fostering self-reliance and innovation, with new AI chips potentially circumventing U.S. restrictions.
EU AI Regulation: Who Will Lead the GPAI Code? 🤖📜
The European Union is set to appoint the chairs and vice-chairs for the Code of Practices for General-Purpose AI (GPAI) models within the next three weeks. This decision follows the EU's efforts to address the rise of generative AI and create a balanced regulatory approach amid varying views from member states and the European Parliament. The new chairs will play a crucial role in shaping the implementation of the EU AI Act's key provisions, focusing on ensuring the codes are technically feasible, innovation-friendly, and aligned with EU values. Their expertise and leadership will be vital in maintaining the credibility and effectiveness of the AI regulations, addressing complex challenges, and guiding the future of AI governance in Europe.
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Abderrahim & Bakr
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