#ai

The latest report from Bank of America casts light on the dualistic role of artificial intelligence (AI) in the banking sector. AI is touted to boost operational efficiency and productivity, with a potential upswing in banking profits.

Meta has recently introduced two artificial intelligence models, Emu Video and Emu Edit. Emu Video specializes in generating brief 4-second videos from textual descriptions or initial images, while Emu Edit focuses on detailed image editing capabilities.

YouTube has announced new rules for AI-generated content to be implemented in the next few months. Channel owners will be required to specify in their video settings if their content includes realistic AI-generated images, faces, or voices.

Aitana Lopez, also known as Fit Aitana, has captivated over 110,000 followers on Instagram with a steady stream of photos that showcase only her. Yet, Aitana isn't your typical social media influencer; she's an AI-generated virtual model, the brainchild of Barcelona's The Clueless agency. The company reports that Aitana's virtual influence brings in about $4000 monthly.

Microsoft's newly announced AI tools for crafting dialogues and quests in games have sparked controversy in the gaming community. Concerns arise about potential declines in game quality, while voice actors fear job loss and view such automation as a threat to nurturing new talent.

Meta has introduced a ban on using artificial intelligence to create ads related to critical social issues, including politics, healthcare, employment, real estate, and finance.

Canadian artist Grimes has partnered with the music platform Slip․stream to promote and distribute songs generated by AI using her vocal samples. More than 200 such songs have already been created, and their creators can now earn money from the commercial use of such music.

Leaders of various technology companies are raising alarms over the concentration of artificial intelligence technology in the grasp of a select few entities. Their concern is that such a centralization bestows enormous control over cutting-edge technologies on these companies, enabling them to set the industry's rules.

In an effort to modernize public services, the UK government plans to introduce artificial intelligence in sectors like security, education, and healthcare, targeting the reduction of routine, time-consuming tasks. This approach is set to refocus employees on their key responsibilities.

OpenAI, the creator of ChatGPT, is seeking additional investments from its primary investor, Microsoft, reports the Financial Times.

Microsoft's gaming division (Xbox) has entered into a long-term partnership with Inworld AI to create artificial intelligence-based tools that should help speed up video game development.

At the inaugural DevDay developer conference in San Francisco, Sam Altman delivered a groundbreaking presentation.

Apollo Research has unveiled a project featuring artificial intelligence, driven by the GPT-4 language model, which was involved in insider trading within a controlled testing environment. Remarkably, the AI denied its actions without any external prompting.