Elon Musk Offers $97B for Control of OpenAI 🤯

Welcome to another edition of Horizon AI,

Elon Musk escalated his feud with OpenAI and its CEO, Sam Altman, by making a nearly $100 billion offer to buy the company, leading to a public back-and-forth between the two billionaires.

Let's get to it!

Read Time: 4.5 min

Here's what's new today in the Horizon AI

• Elon Musk Offers $97B for OpenAI, Altman Rejects It

• ByteDance’s Goku AI Models Can Create Realistic Product Videos Without Actors

• AI Tutorial: How to create sound effects using AI

• AI Tools to check out

• The Latest in AI and Tech 💡

• AI Findings/Resources

AI News

OPENAI

Elon Musk Offers $97B for OpenAI, Altman Rejects It

Elon Musk is going after OpenAI again, this time with a massive $97.4 billion offer to acquire its nonprofit arm.

Details:

• Musk’s $97.4 billion bid was presented to OpenAI’s board on Monday morning and is backed by a coalition of influential investors, such as Valor Equity Partners, Ari Emanuel, and 8VC.

• This bid comes as OpenAI is in the middle of significant transitions, including raising $40 billion at a $340 billion valuation, restructuring into a for-profit entity, and launching a $500 billion AI project.

• OpenAI CEO Sam Altman responded on X by joking about buying Twitter for $9.74 billion. In a Tuesday interview, he stated, “The OpenAI mission is not for sale,” and invited Musk to “compete by building a better product.”

For Musk, who co-founded OpenAI with Altman in 2015 before leaving in 2019, this bid represents his boldest move yet to challenge the company, which he accuses of betrayal for “abandoning its original mission to develop AI safely and openly.”

Source

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BYTEDANCE

ByteDance’s Goku AI Models Can Create Realistic Product Videos Without Actors

ByteDance has introduced its Goku AI models, which can generate both still images and videos from text descriptions with industry-leading performance, potentially revolutionizing advertising content creation.

Details:

• The company built its new Goku AI models using a massive dataset of 160 million image-text pairs and 36 million video-text pairs, leveraging a transformer architecture and a unique generative process called Rectified Flow for high-quality, consistent results.

• In benchmarks, Goku performs well in both image and video generation, surpassing similar tools from companies like Kling and Pika while showing clear improvements over ByteDance's previous Jimeng AI model.

• A specialized version, Goku+, is designed for creating realistic advertising clips, generating lifelike videos of people interacting with products with natural gestures, facial expressions, and hand movements.

ByteDance envisions this tool transforming industries like advertising, gaming, and media production by automating video creation and reducing production costs by up to 99%.

Source

AI Tutorial

How to create sound effects using AI

1. Go to Eleven Labs and sign up for free

2. Select "Sound Effects" from the menu on the left.

3. Describe the sound effect you want to create in the prompt box.

4. Click the "Generate Sound Effect" button and wait a few seconds.

5. You'll get four different sound effects

6. You can download the sounds as MP3 files and use them in your videos, podcasts, games, presentations, or any other creative projects.

AI Tools to check out

🗣 Talo: Real-time AI translator
for video calls.

🚀 Pitchleague: Elevate your pitch with your AI pitch deck coach.

✨ CreateMyBanner: Transform your ideas into eye-catching banners instantly.

👨‍💻 Code2ai: Turn your ideas into code

💡 Marketing Ideas Generator: Get 10 actionable ideas to solve your marketing problem.

AI Findings/Resources

👀 What if AI could spot your lies?

🧠 Is AI making us dumb?

🔨 Public AI infrastructure: What is it, do we need it and will it ever be built? A media leader explains

🤔 ChatGPT and Google Gemini are terrible at summarizing news

The latest in AI and Tech

LumaAI has added an Image-to-Video feature powered by the Ray2 model

This tool transforms still images into dynamic videos with natural motion and realistic physics.

Zonos: Open source voice cloning

Zyphra’s new Zonos model can clone voices with just seconds of audio. It’s open source, supports five languages, and processes audio faster than real-time when running on an RTX 4090 GPU.

Anthropic challenged users to jailbreak its new AI model—and someone did

Within just six days of launching the challenge, Jan Leike announced on X that a participant successfully broke through all eight levels.

EU to mobilise €200 billion for AI investment

European Commission President Ursula von der Leyen announced the EU will invest €200 billion ($206.5 billion) in AI, emphasizing that it's not too late for Europe to catch up to China and the U.S. in the AI race.

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Gina 👩🏻‍💻