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AI and the Law – Disney, Warner Bros. Discovery and NBCUniversal sue Chinese AI firm MiniMax
On Tuesday, the three media companies filed a lawsuit against MiniMax, a Chinese AI company that is reportedly valued at $4 billion, alleging “willful and brazen” copyright infringement
MiniMax operates Hailuo AI
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Mariko Mori – Kamitate Stone at Sean Kelly Gallery
Mariko Mori, the internationally celebrated artist who blends technology, spirituality, and nature, debuts Kamitate Stone I this October at Sean Kelly Gallery in New York. The work continues her exploration of luminous form, energy, and transcendence.
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Vimeo Enters into Definitive Agreement to Be Acquired by Bending Spoons for $1.38 Billion
The OG video hosting company is being acquired by Bending Spoons, the same company that bought WeTransfer and quietly changed terms to let them use your content for AI training.
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ByteDance Seedream 4.0 – Super‑fast, 4K, multi image support
https://seed.bytedance.com/en/seedream4_0
➤ Super‑fast, high‑resolution results : resolutions up to 4K, producing a 2K image in less than 1.8 seconds, all while maintining sharpness and realism.
➤ At 4K, cost as low as 0.03 $ per generation.
➤ Natural‑language editing – You can instruct the model to “remove the people in the background,” “add a helmet” or “replace this with that,” and it executes without needing complicated prompts.
➤ Multi‑image input and output – It can combine multiple images, transfer styles and produce storyboards or series with consistent characters and themes.
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OpenAI Backs Critterz, an AI-Made Animated Feature Film
https://www.wsj.com/tech/ai/openai-backs-ai-made-animated-feature-film-389f70b0
Film, called ‘Critterz,’ aims to debut at Cannes Film Festival and will leverage startup’s AI tools and resources.
“Critterz,” about forest creatures who go on an adventure after their village is disrupted by a stranger, is the brainchild of Chad Nelson, a creative specialist at OpenAI. Nelson started sketching out the characters three years ago while trying to make a short film with what was then OpenAI’s new DALL-E image-generation tool.
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OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day
While OpenAI and ChatGPT opened up to a wild start and had a record-breaking number of sign-ups in its initial days, it has steadily seen its user base decline over the last couple of months. According to SimilarWeb, July 2023 saw its user base drop by 12 per cent compared to June – it went from 1.7 billion users to 1.5 billion users. Do note that this data only shows users who visited the ChatGPT website, and does not account for users who are using OpenAI’s APIs
