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- AI Puts Hollywood at Risk? ⭐
AI Puts Hollywood at Risk? ⭐
+ Tech Titans Pump $675M into Robot Startup
Gina Acosta
February 26, 2024
Welcome to another edition of Horizon AI,
As AI continues to advance rapidly, mounting concerns loom over the entertainment industry. After seeing the remarkable capabilities demonstrated by OpenAI’s Sora, a renowned filmmaker has sounded the alarm about the technology's impact, even announcing a halt to his plans as a result.
Let's get started!
Read Time: 3.5 min
Here's what's new today in the Horizon AI
A Chart to Kickstart Your Day 📈: What would $5,000 invested in Nvidia be worth today?
Tyler Perry Puts Brakes on $800M Studio Expansion Due to AI
Bezos and Big Tech Bet Big on Robotics Startup Figure AI
AI Tutorial: Ask Copilot about the page you’re viewing
AI Tools to check out
The Latest in AI and Tech 💡
A chart to kickstart your day
What would $5,000 invested in Nvidia be worth today?
Source: Yahoo Finance
For those who bought in 2000, a $5,000 investment would be worth over $4.7 million today.
Since 2020 alone, its share price has soared 1,129%—turning a $5,000 investment into twelve times its original value today.
AI News
HOLLYWOOD
Tyler Perry Puts Brakes on $800M Studio Expansion Due to AI
Source: Getty Images
In an interview last week, prolific filmmaker Tyler Perry opened up about why his ambitious $800 million expansion plans for his Atlanta studio complex are now on pause. He admitted being blown away by AI systems like OpenAI's new Sora, which can generate remarkably sophisticated video content from simple text prompts.
While Perry is keenly aware of the opportunities this presents, he also sounded the alarm on the potential for massive job displacement in entertainment.
He is among many who have raised concerns about AI's impact on the industry. A recent study emphasized that Hollywood jobs face the greatest risk from AI. Even notable actors like Natalie Portman have recently voiced concerns about the potentially harmful consequences of AI.
FIGURE AI
Bezos and Big Tech Bet Big on Robotics Startup Figure AI
Source: Figure AI
Jeff Bezos, Microsoft, Nvidia, and other tech leaders are making a huge investment in Figure AI, a robotics startup aiming to transform labor with humanoid robots. According to Bloomberg, Figure AI has raised a massive $675 million in funding, with a pre-money valuation of roughly $2 billion:
Jeff Bezos is leading the round, investing $100 million through his firm Explore Investments.
Microsoft is pitching in $95 million.
Nvidia and an Amazon-affiliated fund are each investing $50 million.
OpenAI, an early backer, is adding $5 million more to the round
With backing from high-profile names in tech and AI like Bezos and OpenAI, it's clear investors see massive potential in Figure's humanoid robots, which seem ready to take on Tesla, Boston Dynamics, and others in the AI robot race.
AI Tutorial
Ask Copilot about the page you’re viewing
Copilot can perform searches and answers in relation to the page you’re viewing if you are using Microsoft Edge browser.
Sign into Microsoft Edge and select the Copilot icon in the browser sidebar.
You need to give Copilot permission to reference the content of webpages when you ask a question
Click More options (stacked triple-dots) at the top of your Copilot > Notification and app settings, and toggle on Allow Microsoft to access page content.
Get summarizations and answers to the content you view online
Starting questions with 'Looking at the current page...' or a similar phrase can help ensure that Copilot gets the information from the content you're currently viewing.
This feature works with videos as well:
It also works with PDFs, if you open them in the Edge web browser
Example:
AI Tools to check out
🖼 Adobe Firefly: Create images, add styles and textures to text, fill image areas with AI-generated content, create social media posts, and more — all with simple text prompts.
💹 Adsby: Creates, analyzes, and scales your ads for impactful results.
🤖 GetSite: Get a beautiful microsite for your small business in minutes by answering a few questions.
📚 Jamworks: Interactive study materials made like magic with AI.
🎵 Riff: Royalty free HD music generator that helps you generate music for your YouTube videos, TikTok videos, Films, Podcasts, and much more.
The latest in AI and Tech
A mysterious new OpenAI login page named 'Feather' has emerged, sparking speculation across social media. The minimalistic page has fueled creative theories, but OpenAI has not provided specifics beyond a trademark filing from last year, potentially related to data labeling.
Apple is cooking up new wearable ideas like smart glasses with AI, smart rings, and AirPods with built-in cameras. These concepts are in the exploratory phase inside Apple as the company seeks to expand its wearable offerings.
Perplexity has partnered with voice tech leader ElevenLabs to launch "Discover Daily," a podcast powered by AI that delivers compact daily briefings on innovation, science, culture, and more. This collaboration aims to offer a unique and accessible way to stay informed about the world's most exciting developments.
Montreal is testing an AI system that analyzes passenger behavior from surveillance footage, aiming to detect warning signs of mental distress. If concerning signs are spotted, staff can be dispatched to intervene before tragedy strikes. The pilot project has been described as "promising" by authorities, who plan to roll it out over the next two years.
Steve Kramer, a Democratic political operative has admitted to commissioning a robocall that used AI to mimic President Biden's voice, discouraging voters from participating in the New Hampshire primary. The robocall remains under investigation, as the US has since outlawed automated calls using AI-generated voices.
That’s a wrap!
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Gina 👩🏻💻