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- Lumian Gen AI Newsletter Issue #27
Lumian Gen AI Newsletter Issue #27
Sam Altman Returns, Stability AI’s Instability, DeepMind’s Materials
Robin Lobo & Saswat Panda
December 03, 2023
Welcome to the 27th edition of the Lumian Weekly Gen AI Newsletter!
So, here's the deal with Sam Altman's dramatic return to OpenAI after a boardroom drama that could rival any soap opera: Altman's back in the CEO chair, but the real story here is about power dynamics and the intersection of technology, big business, and ethics. Microsoft, the heavyweight investor, played a strategic move by offering Altman a soft landing spot, but OpenAI's governance and ethical concerns don't vanish with his return. This episode is like watching a high-stakes chess game, with the pieces being the future of AI and the potential risks and rewards it brings. It's a reminder that while AI has the potential to transform industries, it also comes with a set of complex and ever-evolving challenges that need careful consideration.
Not to be outshone, we will cover how Google DeepMind's GNoME tool is crafting a new era in materials science, while Pika Labs is breaking new ground in AI video production.
We hope that these stories not only highlight the rapid advancements in AI but also the complex human narratives behind these technological leaps.
Happy reading!!! 📚🤖🎵
In this week’s issue:
News Flash: Sam Altman Returns, Stability AI’s Instability, DeepMind’s Materials
Pika Labs: Revolutionizing AI Video Creation
AI Frontier: AI GPT tools you can use today
Fundraising: The biggest deals in AI
Nerd Out: Technical and Business Content for Everyone
⏱️ News Flash
The 2-Minute Scoop to Keep You in the Loop
Sam Altman has returned as OpenAI's CEO, with a restructured board including Bret Taylor, Adam D’Angelo, and Larry Summers. Microsoft gains a non-voting observer role on the board, reflecting their 49% stake in OpenAI. Altman's reinstatement comes after significant backlash from employees and investors, and he outlines future priorities for OpenAI, including AI safety and governance improvements.
Stability AI, a leading open-source AI company, is considering a sale after its main investor, Coatue, requested CEO Emad Mostaque to resign due to financial and management issues. This follows a year after Coatue led a $101M funding round for the company. The situation is compounded by internal cultural problems and executive departures, despite Stability AI's ongoing efforts to release new models. Not so Stable after all?
Google DeepMind's new tool, GNoME, has significantly expanded the potential catalog of inorganic compounds by generating recipes for 2.2 million new structures, a tenfold increase from the existing known materials. Out of these, 381,000 materials are believed to be synthesizable, and DeepMind has made the code public for further research and validation. This advancement adds to DeepMind's growing list of contributions to various scientific fields, including weather prediction and drug discovery.
🤖 Pika Labs
Revolutionizing AI Video Creation
What's the Buzz?: Pika Labs isn't just another startup; it's a game-changer in AI-driven video production. With a total raise of $55 million to date, Pika Labs is on a mission to transform ideas into captivating videos, accessible to everyday consumers. This innovative approach is setting new benchmarks in the industry.
Its the ChatGPT of video!
Introducing Pika 1.0, the idea-to-video platform that brings your creativity to life.
Create and edit your videos with AI.
Rolling out to new users on web and discord, starting today. Sign up at pika.art
— Pika (@pika_labs)
2:38 PM • Nov 28, 2023
Why It Matters: Pika Labs isn't just enhancing image quality; it's adding a dynamic temporal dimension, creating not just frames but flowing video sequences. It's akin to Canva democratizing design but for video production. Pika Labs is offering the tools to create stunning, diverse videos for everyday use, empowering users to unleash their creativity in the digital realm.
🚀 AI in Practice
Cutting-Edge AI GPT Tools You Can Use Today
AllGPTs - Biggest directory of GPTs updated daily
GPT Public Directory - A directory assistant for finding and registering GPTs
🤑 Fundraising
The (AI) Intelligent Investor
🤖 Nerd Out
Technical and Business Readings
😜 A Robot's Guide to Digital Dumping!
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