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Tech

Open AI is getting into the video business

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OpenAI, known for its AI language model ChatGPT, has ventured into the realm of video generation with the introduction of its latest creation, the Sora AI model.

Following the viral success of ChatGPT, OpenAI aims to revolutionise video content creation using artificial intelligence technology.

Sora, unveiled by the company on Thursday, operates similarly to OpenAI’s image-generation AI tool, DALL-E. Users can input a desired scene or provide still images, and Sora will produce high-definition video clips accordingly.

The model can extend existing videos or fill in missing frames, showcasing its versatility in video content generation.

Significant expansion

The move into video marks a significant expansion for generative AI, following the success of chatbots and image generators in various consumer and business applications.

However, concerns regarding misinformation have escalated, particularly with the rise of AI-generated deepfakes, which have seen a 900% increase year over year, according to data from Clarity, a machine learning firm.

Competing with tech giants like Meta and Google, who recently announced their Lumiere video-generation AI tool, OpenAI is positioning Sora to be a leading contender in the market.

Startups like Stability AI and Amazon have also entered this space with their own video-generation models.

Video length

Currently, Sora is capable of generating videos up to one minute in length.

OpenAI, backed by Microsoft, aims to achieve multimodality by combining text, image, and video generation within its suite of AI models.

Brad Lightcap, OpenAI’s COO, emphasized the importance of multimodality, stating, “The world is multimodal… the world is much bigger than text.” He highlighted the need for AI models to encompass various modalities to better reflect human perception and interaction with the world.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Leaders

Brazil bans X in a sign of politics and tech colliding

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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Shows

Experts provide key strategies to safeguard businesses in the face of cyber threats

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Exploring the causes of the Crowdstrike outage, the potential for exploitation, and strategies for strengthening your corporate security posture.

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

Hosted by Director of Information Management of AvePointAlyssa Blackburn.

In this episode, Alyssa is joined by Dan Weis, Practice Lead at Nexon. #tech edge

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