Welcome to Get The Gist, where every weekday we share an easy-to-read summary of the latest and greatest developments in AI—news, innovations, and trends—all delivered in under 5 minutes! ⏱

In today’s edition:

• Titanic Director James Cameron Joins Board of Stability AI

• Anthropic Eyes $40 Billion Valuation

• Nvidia’s Blackwell To Power OpenAI’s New o1 Models

• OpenAI CEO Sam Altman Predicts Superintelligence Could Come Soon

• And more AI news….

Top Developments

Stability AI

Titanic Director James Cameron Joins Board of Stability AI

The Gist: Stability AI has brought on film director James Cameron to its board, marking a bold step in their quest to revolutionize how visual media is created. Cameron’s experience in cutting-edge technology is expected to help empower storytellers in new and exciting ways.

Key Details:

• Cameron's involvement aims to blend generative AI with CGI, paving the way for groundbreaking visual storytelling.

• He emphasizes the importance of exploring emerging technologies to push creative boundaries.

• Stability AI CEO Prem Akkaraju believes Cameron’s presence signifies a major advance not just for the company but for the entire AI sector.

• The partnership is poised to provide creators with innovative tools for bringing their ideas to life in ways never before possible.

Anthropic

Anthropic Eyes $40 Billion Valuation!

The Gist: Anthropic, a key competitor to OpenAI, is in talks to raise up to $40 billion in capital, nearly doubling its earlier valuation. This comes as both companies are making big moves to secure funding and enhance their AI offerings.

Key Details:

• Anthropic has raised at least $7 billion from major investors like Amazon and Google, who also help distribute its AI product, Claude.

• The company recently unveiled Claude 3.5 Sonnet, which performs better than its earlier model and is especially useful for extracting insights from imperfect images.

• Antoine is preparing to launch the Claude Opus 3.5 soon and has made Claude Artifacts available on iOS and Android for users to create applications easily.

• Both Anthropic and OpenAI have recently strengthened their leadership teams with notable hires from top tech companies.

Nvidia

Nvidia’s Blackwell To Power OpenAI’s New o1 Models

The Gist: NVIDIA's Blackwell architecture is a breakthrough for AI, enhancing OpenAI's new o1 model's reasoning abilities. This powerful tech allows the model to deliver human-like responses much faster than before.

Key Details:

• The Blackwell GPU increases inference performance by 50 times, drastically reducing response times from minutes to mere seconds.

• OpenAI's latest model, the o1, focuses primarily on reasoning, marking a significant step toward achieving advanced artificial intelligence.

• NVIDIA is solidifying its position as a key player in the AI industry as Blackwell becomes essential for major companies like Meta, Microsoft, and Amazon.

• Expect Blackwell products to hit the market between late 2024 and early 2025, ushering in a new era of AI development.

Quick Gist

Microsoft's Azure OpenAI Service has introduced an invisible watermark feature for DALL-E generated images to enhance transparency and combat disinformation linked to AI-generated content (Read More).

Google Photos is set to introduce Gemini AI-powered narration for its "Memory" feature, enhancing the user experience by providing context to photo and video recaps, with a potential release in December (Read More).

Snapchat is enhancing its My AI chatbot with Google Gemini's multimodal capabilities, allowing it to handle text, images, and videos, resulting in a 2.5x increase in user engagement (Read More).

Warner Bros. Discovery is collaborating with Google Cloud to implement a new "caption AI" solution for generating closed captioning on its Max streaming service, significantly reducing creation time and costs (Read More).

Apple's Writing Tools, currently in beta for iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, assist users in refining their writing by correcting spelling and grammar, with options for proofreading, rewriting, and summarizing text (Read More).

OpenAI CEO Sam Altman predicts superintelligence could emerge in a few thousand days, underscoring both its potential and the associated risks as the company seeks to raise up to $6.5 billion in funding (Read More).

Microsoft launched a new "correction" feature in Azure AI Studio to identify and rectify inaccuracies in AI outputs, enhancing reliability by aligning results with reference documents (Read More).

OpenAI is rolling out its Advanced Voice feature to all ChatGPT Plus and Team users, offering nine lifelike voices while implementing safeguards to prevent misuse, though it's not yet available in several European regions (Read More).

THAT’S IT FOR TODAY!