OpenAI Sora's Biggest Rival is Here 🔥

Welcome to another edition of Horizon AI,

A new competitor to OpenAI’s Sora has emerged, introduced by a Chinese tech company. We’ll also see what Microsoft's CTO has to say about the next generation of AI models.

Let's get into it!

Read Time: 3.0 min

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

• A Chart to Kickstart Your Day 📈: Training Costs of AI Models Over Time

• China's Rival to OpenAI's Sora 🔥

• Microsoft CTO: New AI Models to Outperform GPT-4 and Capable of Passing PhD Exams

• AI Tools to check out and AI Job board

• The Latest in AI and Tech 💡

• AI Showcase

A chart to kickstart your day

Training Costs of AI Models Over Time

• The graphic is based on data from the 2024 Artificial Intelligence Index Report released by Stanford University.

• AI companies are trying to find new solutions for training language models to combat rising expenses.

Source

AI News

KUAISHOU

China's Rival to OpenAI's Sora 🔥

Chinese tech company Kuaishou has unveiled KLING, a new impressive AI video generation model that could be the strongest competitor for OpenAI's Sora so far.

Details:

• The AI model for video generation can produce videos up to two minutes long at 1080p resolution and 30 fps

• Similar to OpenAI's Sora, it also uses a “diffusion transformer” that allows the combination of concepts and the generation of fictitious scenes that were not part of the training dataset.

• Demos show realistic videos, like a kid eating a hamburger, and playful ones, such as a cat driving a car through a busy city.

The model is currently available as a public demo in China and is already making waves on social media with its mind-blowing demos. You can check out more examples of the model in action here.

MICROSOFT

Microsoft CTO: New AI Models to Outperform GPT-4 and Capable of Passing PhD Exams

In a recent conversation with LinkedIn founder Reid Hoffman, Microsoft's Chief Technology Officer Kevin Scott, who has already seen a preview of the next generation of AI models following GPT-4, shared his insights into the future of AI.

Details:

• Scott predicts that the next generation of AI models could pass PhD qualifying exams.

• He highlights expected breakthroughs in reasoning and models' ability to remember past conversations and information.

• However, he cautions against overstating these achievements, noting that their true value lies in practical applications. GPT-4's ability to score perfectly on exams might be impressive but doesn't necessarily equate to real-world usefulness.

Kevin Scott emphasizes making AI genuinely useful for people, enabling tasks to be completed in days instead of months and handling the most stressful work.

Source

AI Tools to check out

🩺 Sequel: AI longevity assistant designed to provide a comprehensive view of your well-being.

🔖 Laterbase: Save, search and chat with your bookmarks using AI.

📷 Artisse: Create realistic AI photos for dating apps, advertisements, businesses, and more.

💡 Sharly: Summarize long documents and simplify complex PDFs with AI Chat.

🤖 Holly: AI recruiter that screens inbound applicants and proactively targets outbound talent.

AI Job Board

💻 Project Analyst - Visa

📈 Software Engineer - Stripe

👨‍💻 Product Manager - Lyft

💻 Software Engineer - Dell

The latest in AI and Tech

WhatsApp launches new AI tools for businesses

Meta introduced its first AI-driven ad targeting tools for businesses on WhatsApp, aiming to generate revenue from the popular messaging app. CEO Mark Zuckerberg announced the new features at a Brazil conference.

Memphis to host xAI's 'Gigafactory of Compute'

Elon Musk's AI firm, xAI, plans to construct the world's most powerful supercomputer, dubbed the 'Gigafactory of Compute,' in Memphis. The project, set to repurpose an old factory, would be the largest investment by a business entering the Memphis market in the city's history

U.S. Antitrust Regulators Investigate Microsoft, OpenAI, and Nvidia

U.S. antitrust regulators have reached an agreement on how they will investigate the AI activities of Microsoft, OpenAI, and Nvidia. The U.S. Department of Justice (DOJ) will lead the investigation into chipmaker Nvidia, while the Federal Trade Commission (FTC) will investigate Microsoft and OpenAI.

ByteDance to invest $2.1 billion in Malaysian AI hub

China's ByteDance plans to invest 10 billion ringgit ($2.13 billion) to establish an artificial intelligence hub in Malaysia, Trade Minister Tengku Zafrul Aziz announced. The TikTok owner will also expand its data center in Malaysia's Johor state, joining other global tech firms expanding in Southeast Asia.

AI Showcase

🖼 AI art of the day

AI meme of the day

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See you in our next edition!

Gina 👩🏻‍💻