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Adobe Unveils New Firefly AI Video Model
Artificial Intelligence   Latest   Machine Learning

Adobe Unveils New Firefly AI Video Model

Last Updated on October 19, 2024 by Editorial Team

Author(s): Get The Gist

Originally published on Towards AI.

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

In today’s edition:

  • Adobe Unveils Firefly Video Model for AI-Powered Video Creation
  • OpenAI Pursues Defense Contracts Through Carahsoft Partnership
  • NVIDIA Plans to Deploy 100 Million AI Assistants for Workforce Efficiency
  • OpenAI Hires Microsoft AI Expert Sebastien Bubeck
  • And more AI news….

1. Adobe Unveils Firefly Video Model for AI-Powered Video Creation

Image by: Adobe

The Gist: Adobe has introduced the Firefly Video Model, an AI-driven tool that allows users to generate videos from text and images, making video production faster and more accessible. It also showcased a real-time collaboration tool called Project Concept for creative teams.

Key Details:

  • Firefly’s text-to-video and image-to-video tools enable creators to generate dynamic videos from descriptions or still images.
  • The Generative Extend Tool in Premiere Pro smooths transitions by extending video clips and background audio.
  • Firefly Video Model is in limited public beta, with additional features planned based on user feedback.
  • Project Concept supports real-time collaboration, letting teams develop creative concepts on a shared canvas.

2. OpenAI Pursues Defense Contracts Through Carahsoft Partnership

Image by: Forbes

The Gist: OpenAI is moving into the defense sector by partnering with Carahsoft, a major government contractor, enabling the company to provide AI tools, such as ChatGPT, to the Pentagon. This marks a shift in OpenAI’s policies as it expands into government work.

Key Details:

  • OpenAI is now listed in the DoD’s CHESS contract, streamlining its path to defense contracts alongside other tech giants like Google and Microsoft.
  • Carahsoft, which helps tech companies secure government deals, has faced legal scrutiny for alleged price-fixing in its contracts with the Pentagon.
  • OpenAI’s collaboration with the military includes tools for cybersecurity and AI-driven productivity enhancements for various government agencies.
  • Carahsoft’s vast network also connects other AI startups to government contracts, expanding AI use in public sectors like law enforcement.

3. NVIDIA Plans to Deploy 100 Million AI Assistants for Workforce Efficiency

Image by: Wccftech

The Gist: NVIDIA’s CEO, Jensen Huang, announced the company’s plan to integrate 100 million AI assistants to improve workforce productivity, while also expanding its human workforce to 50,000 employees. The AI technology aims to support rather than replace human workers, enhancing overall efficiency.

Key Details:

  • NVIDIA’s AI assistants will handle repetitive tasks, allowing human employees to focus on high-priority work.
  • AI agents will collaborate with humans and other AI systems, functioning as β€œco-workers” in Slack channels.
  • The initiative aims to boost company performance without causing layoffs, with AI seen as a tool for increasing productivity and promoting growth.
  • Jensen Huang emphasizes that AI will transform jobs by enhancing human potential rather than replacing employees, contributing to a more efficient workforce.

Quick Gist

  • The Biden administration is considering limiting the export of advanced AI chips to certain countries for national security reasons (Read More).
  • Apple’s iOS 18.1 update introduces a β€œType to Siri” feature, allowing users to type commands silently instead of speaking them, enhancing privacy and functionality (Read More).
  • OpenAI has hired Microsoft AI expert Sebastien Bubeck amid restructuring, as he seeks to further his work toward artificial general intelligence (AGI) (Read More).
  • OpenAI’s report reveals that cybercriminals are exploiting ChatGPT for fraudulent activities, including malware development and social engineering attacks, prompting the company to enhance monitoring and take action against misuse (Read More).
  • Google announced plans to partly power its future AI efforts with energy from small modular nuclear reactors, aiming for the first to be operational by 2030 (Read More).
  • Adobe Max unveiled significant AI enhancements for Photoshop, Illustrator, and InDesign, including new generative tools and a Generative Workspace feature designed to streamline design workflows (Read More).

That’s it for today, see you tomorrow! 👋

If you enjoyed this update and want to stay informed about the latest developments in AI, consider subscribing to Get The Gist on Medium for more insights and analyses.

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