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  • Luma AI's Dream Machine Shocks the Industry 🔥

Luma AI's Dream Machine Shocks the Industry 🔥

+ OpenAI's revenue doubles in 6 months 💸

Welcome to another edition of Horizon AI,

Luma Labs AI has introduced an AI video generator that has impressed with the quality of its outputs, and it is available for free to everyone.

Let's jump into it!

Read Time: 3.0 min

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

  • New ‘Dream Machine’ AI video generator by Luma Labs

  • OpenAI Doubled Annualized Revenue in 6 Months

  • Free AI Training: Nvidia Live AI Training

  • AI Tools to check out and AI Job board

  • The Latest in AI and Tech 💡

  • AI Showcase

Last Few Spots: AI Masterclass 🎁 – Only 100 spots available!

By popular demand, we are once again enabling free access to our AI Masterclass so that more of you can have it for free. We are working on more content related to AI and AI automation, so make sure to vote in our poll today to help us understand which AI automation content interests you the most and what you would like to learn.

As a friendly reminder, this free resource is our way of celebrating that we’ve integrated Jose Robinson’s Alpreneurs AI automation agency as our own internal agency! Together, we’re bringing you these incredible benefits:

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AI News

LUMA LABS

New ‘Dream Machine’ AI video generator by Luma Labs

Luma AI has released "Dream Machine" - a new tool that can create realistic video clips from text descriptions or images.

Details:

  • Dream Machine uses advanced AI models trained directly on video data to generate physically plausible scenes with proper physics and character interactions.

  • The AI understands how people, animals, and objects move, allowing it to maintain consistent characters and realistic motion in the generated videos.

  • Dream Machine can only generate 5-second video clips for now.

  • However, there are still some limitations in terms of consistency, problems with rendered text, and occasional glitches.

  • Dream Machine is the first in a planned series of "Frontier Generative Models" from Luma AI for generating different types of content from different inputs.

Luma has made the tool available for public testing right away. You can try it yourself here. The free plan gives you 30 generations for the month.

OPENAI

OpenAI Doubled Annualized Revenue in 6 Months

Recent reports indicate that OpenAI's annualized revenue has more than doubled in just six months to reach a staggering $3.4 billion.

Details:

  • OpenAI's annualized revenue hit $3.4 billion recently, up from $1.6 billion at the end of 2023 and $1 billion a year ago.

  • The bulk of this revenue comes from subscriptions to the paid version of ChatGPT with higher usage limits.

  • Developers integrating OpenAI's large language models into their apps and services are another major revenue stream.

  • Around $200 million annually comes from OpenAI's partnership with Microsoft.

The report highlights another instance of a company that has greatly benefited from the AI boom. Just days ago, Apple reclaimed the title of "World's Most Valuable Company" as its stock began to rise following the introduction of a series of AI features for its devices.

Nvidia AI Essential Training and Tips to Accelerate Your Career in AI

NVIDIA is hosting a panel discussion on career growth in AI and advanced technologies. Panelists will share their career journeys, insights, and tips for success.

Learn how certifications and learning resources have shaped their careers and get advice on leveraging NVIDIA technologies for your professional growth.

By joining this webinar, you’ll:

  • Learn how to navigate your career in AI and other technologies

  • Be able to Identify nontraditional career paths

  • Explore extracurricular training and resources

  • Understand the power of connections, LinkedIn, and certifications

Open to students, graduates, and professionals. Don’t miss this chance to learn from industry leaders.

Register now to secure your spot!

Date: Wednesday, June 26, 2024

Time: 9:00am - 10:00am PT

AI Tools to check out

🎤 Voiceflow: Collaborative AI agent building platform for teams to design, develop, and launch chat and voice assistants.

Contentful: Helps you make your content creation process faster than ever.

💡 Namify: Get a unique business name and free logo in seconds.

📊 Lychee: AI-Powered Data Visualization in 0.32 seconds.

🦾 Zaplify: Find your ideal customers, reach out automatically, and get actionable insights – all in one platform.

AI Job Board

💻 Software Engineer - Oracle

📈 Sales Operations Analyst - Nvidia

👨‍💻 Data Analyst - Discord

💻 Product Owner - T-Mobile

The latest in AI and Tech

Source: Miles Astray

A real photograph by Miles Astray, titled "F L A M I N G O N E," depicting a headless flamingo, won both the Bronze award and the People's Vote Award in the AI category of the prestigious 1839 Awards.

South Korean AI chip developers Rebellions Inc and Sapeon Korea Inc are pursuing a merger, announced Sapeon's parent company SK Telecom Co on Wednesday. The move aims to challenge global AI chip leader Nvidia within the next two to three years as the AI boom continues.

According to a report from Bloomberg's Mark Gurman, the partnership between Apple and OpenAI does not currently involve any monetary payments from either party. The exposure OpenAI will gain by being featured on hundreds of millions of Apple devices is "of equal or greater value than monetary payments," according to Apple.

OpenAI and Microsoft are teaming up with Oracle to gain more compute capacity for running ChatGPT. As part of a partnership announced this week, the three companies are working together so that OpenAI can utilize the Microsoft Azure AI platform on Oracle's infrastructure.

AI Showcase

🖼 AI art of the day

📹 AI video of the day

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Gina 👩🏻‍💻