Pika Labs Makes a Huge Breakthrough in AI Video Generation 📽

Welcome to another edition of Horizon AI,

Pika Labs has taken a giant leap forward with the release of Pika 1.0, promising a revolution in AI video generation. Meanwhile, a remarkable AI tool could help spare cancer patients from unnecessary chemotherapy, highlighting the huge potential of AI in the medical field.

Make sure to check the bottom of this issue to enter this month’s giveaway.

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 📈: Do U.S. businesses use AI?

• Pika Labs Makes a Huge Breakthrough in AI Video Generation with Pika 1.0 📽

• Amazon Unveils Q: An AI Chatbot Tailored for Business Use

• AI Research: AI Tool Could Spare Breast Cancer Patients Unnecessary Chemotherapy

• AI Image of The Day🎨: Music at Hogwarts

• The Latest in AI and Tech 💡

A chart to kickstart your day

Do U.S. businesses use AI?

Details:

• While only an average of 3.9% of businesses use AI to produce goods or services, the usage varies significantly across specific sectors, notably in information and technology industries.

• Nationally, 6.5% of businesses plan to use AI in the next six months.

• Findings align with the 2019 Annual Business Survey (ABS), which reported 3.2% of U.S. businesses using AI in 2018.

Source

AI News

PIKA LABS

Pika Labs Makes a Huge Breakthrough in AI Video Generation with Pika 1.0 📽

Pika Labs made waves yesterday with the launch of their AI-powered video generation tool. This impressive new platform aims to make video creation more accessible through advanced AI capabilities.

Details:

• It uses a novel AI model to generate and edit video content in various aesthetic styles, including 3D animation, anime, cartoon, and film

• Pika 1.0 offers features such as Text-to-Video, Image-to-Video, and Video-to-Video conversions. The tool leverages AI to allow users to transform and modify videos in various ways, including expanding video dimensions, altering content elements like clothing or characters, and extending video lengths

• Designed for ease of use - enables anyone to create customized video content

• Users can join the waitlist for access at pika.art

The launch of Pika 1.0 also comes on the heels of major funding wins for the startup, including a recent $55 million raise. With backing from prominent investors like Lightspeed Venture Partners, Pika Labs is poised to further scale up its platform.

Check the impressive demo video the company released on their twitter.

Source

AMAZON

Amazon Unveils Q: An AI Chatbot Tailored for Business Use

Amazon recently unveiled "Q", its foray into enterprise AI assistants, at its annual AWS Reinvent conference. Q is an AI-powered chatbot designed to boost productivity and streamline workflows for business teams.

Details:

• It can understand 40+ systems including Office 365, Salesforce, Dropbox

• Provides support for AWS capabilities and troubleshooting

• Automatically edits code to reduce coding workload

• A Preview version is now available, once the preview period ends, it will have a cost of $20 per user monthly.

With Q, Amazon is taking direct aim at companies like Microsoft, and Google in the red-hot market for AI chatbots tailored to workplace collaboration and productivity.

Source

AI RESEARCH

AI Tool Could Spare Breast Cancer Patients Unnecessary Chemotherapy

Researchers at Northwestern Medicine have developed a groundbreaking AI tool that could prevent unnecessary chemotherapy for breast cancer patients by using a more precise method of predicting their outcomes.

Details:

• The AI tool was more accurate at predicting breast cancer progression than analyses by expert pathologists alone.

• It identifies breast cancer patients who are currently deemed high or intermediate risk but who later become long-term survivors. This information could lead to a possible reduction in the duration or intensity of their chemotherapy, a crucial consideration given the adverse and unpleasant side effects associated with this treatment.

• The next step is to validate the tool clinically on new patients.

The ability to spare patients unnecessary treatment while providing more rigorous intervention to those who need it embodies the promise of precision medicine and underscores the future benefits AI could bring to the field of medicine.

Source

AI Image of The Day

Send your AI-generated images for a chance to get published here: [email protected]

Source: u/Firestoness on Reddit

The latest in AI and Tech

A study reveals that Gen Z is at the forefront of early Gen AI adoption

A recent UK study finds nearly 80% of teens have used AI tools like Snapchat’s My AI and ChatGPT, far exceeding adult usage. Notably, 79% of online teens aged 13-17 are active users, while 40% of younger children aged 7-12 also engage with the technology. Snapchat's My AI leads the pack among teens, capturing 51% of users, while ChatGPT is the favored choice for adults aged 16 and above at 23%. The study underscores Gen Z's remarkable comfort with cutting-edge technology.

Read more

Stability AI announces SDXL Turbo, a real-time text-to-image generation model

Stability AI has unveiled its latest innovation—SDXL Turbo—which can generate highly detailed images from text prompts in real time using just a single processing step. Made possible by a new technique called Adversarial Diffusion Distillation, the model condenses text-to-image generation down significantly while avoiding the artifacts and blurriness of other distillation methods. Early tests show SDXL Turbo producing images as good as 50-step models but up to 50 times faster.

Source

Teachers curious but wary of AI’s classroom impact

A new survey dives into how teachers are feeling about the rise of AI. Results show the majority (90%) of educators are not yet using AI in their classrooms. Overall attitudes are mixed but trend optimistic—57% of teachers recognize AI’s transformative potential if harnessed positively. They see possibilities for AI to assist with some activities like lesson plans, freeing up time for higher-value work. With proper support, teachers seem hopeful this new technology can allow them to focus on building relationships and fostering deeper learning.

Read more

That’s a wrap!

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Gina 👩🏻‍💻