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🏆🤖Sumo-Wrestling Bears?
OpenAI’s Sora Redefines Video Creation While Tackling Deepfake Dilemmas, The World’s Most ‘Perfect Car’, and more...
The Daily Advantage
December 11, 2024
THE PROFITS💸
G’Day Opportunists. 🚀 OpenAI’s Sora redefines video creation while tackling deepfakes, MIT unveils the world’s most efficient car, and a startup tool reshapes business innovation. 🌟
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OpenAI and Sora
🐻🤼Sumo-Wrestling Bears?: OpenAI’s Sora Redefines Video Creation While Tackling Deepfake Dilemmas🎥👌
OpenAI has officially unveiled Sora, an AI-powered video generator now accessible to premium ChatGPT users, allowing instant creation of videos from written commands.
Showcased examples include whimsical clips like sumo-wrestling bears and a coffee-sipping cat, though the ability to generate human depictions remains limited to select testers as OpenAI addresses concerns about misuse, including deepfakes.
The launch highlights the potential for cost-effective video production in entertainment and marketing while sparking debate over ethical risks like misappropriated likenesses and harmful content.
The release generated such overwhelming interest that OpenAI temporarily paused new account creation, citing heavy traffic.
OpenAI emphasized that safety and collaboration with artists and policymakers remain central as they refine this highly anticipated tool.
DrivAerNet++… (+) MIT Engineers
The World’s Most ‘Perfect Car’🚗👌
MIT engineers have unveiled DrivAerNet++, a groundbreaking AI-powered software designed to revolutionize car design for greater efficiency and sustainability.
Using data from over 8,000 3D car models provided by BMW and Audi since 2014, the software simulates aerodynamic performance, enabling faster, more cost-effective R&D.
Presented at the NeurIPS 2024 conference, this largest-of-its-kind open-source dataset empowers AI to generate innovative designs in seconds, predicting fuel efficiency and electric range without physical prototypes.
According to MIT’s Faez Ahmed, “This technology accelerates design processes, cuts costs, and pushes us closer to eco-friendly automotive advancements.”
Startup Spotlight
🌟Startup Spotlight🌟
A Tool to Rule:
Securing funding through initiatives like the Help to Grow Management scheme can transform small businesses. This 90%-subsidized program offers 12 weeks of management training, personalized mentoring, and networking opportunities for just £750.
With 91% of participants recommending it and 62% reporting increased revenues, it’s a proven way to boost leadership, productivity, and resilience. Backed by the Treasury, the program delivers £2.30 in value for every £1 invested. With funding extended through 2026, it’s the perfect opportunity for ambitious leaders to scale up and succeed.
Trending Now
🌟🤖The Daily Technological Briefs and Breakthroughs🦾🌟
Google's Quantum Computing Breakthrough: Google introduced "Willow," a quantum computing chip that performed a benchmark computation in under five minutes—a task that would take current supercomputers 10 septillion years. CEO Sundar Pichai stated this achievement resolves a 30-year challenge in quantum computing.
Apple's AI-Enhanced iOS 18.2 Update: Apple rolled out iOS 18.2, focusing on AI enhancements. New features include Genmoji for custom emojis, Image Playground for quick image creation, and ChatGPT integration to enhance Siri's responses.
STMicroelectronics' Edge AI Microcontroller: STMicroelectronics launched the STM32N6 series, marking its entry into edge AI and machine learning microcontrollers. This technology enables local execution of tasks like image and audio processing, reducing the need for data transfer to and from data centers.
AMD's Leadership in AI Hardware: Under CEO Lisa Su, AMD has become a leading semiconductor company, powering major data centers and AI applications. The company's stock has seen a nearly 50-fold increase, reflecting its significant impact on the AI hardware market.
AI's Role in Open Innovation: A study published in the California Management Review details how AI is transforming open innovation practices by enhancing efficiency, enabling new collaborations, and reshaping traditional methods with autonomous, AI-driven processes.
Business & Markets
Walgreens Boots Alliance may sell to Sycamore Partners in a deal valued at $7.5 billion.
Stock jumped 20%, with finalization expected in early 2025.
GM Restructures Cruise Division:
GM shifts focus from robotaxis to driver-assistance tech.
Tesla and Waymo now dominate the U.S. robotaxi market.
Reported £33.3 million pre-tax loss, impacted by £56.7 million write-down.
Revenue grew 3.8%, but stock fell 14.6%.
Alaska Airlines Boosts Guidance:
Revised earnings to 40-50 cents per share on strong holiday demand.
Announced $1 billion share buyback program.
Canal+ plans IPO in London, estimated at €5-6 billion.
Ashtead Group shifts primary listing to New York for broader investor access.
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