OpenAI’s next major project, GPT-5 (code-named Orion), is experiencing substantial setbacks and escalating costs, according to a Wall Street Journal report by Deepa Seetharaman. The project, which has been in development for over 18 months, has encountered multiple challenges during training runs, each costing approximately half a billion dollars in computing expenses alone. The company’s … Read more
OpenAI has unveiled its latest artificial intelligence model called o3, which the company says demonstrates advanced reasoning capabilities compared to its predecessors. The model, set to launch in early 2025, is part of a new family that includes both o3 and a smaller version called o3-mini. The model’s name skips “o2” due to trademark considerations … Read more
Google DeepMind has announced Veo 2, its latest AI video generation model, positioning it as a direct competitor to OpenAI’s Sora. The new model is currently available through Google Labs’ VideoFX platform on a waitlist basis, with users required to apply through a Google Form for access. According to Google, Veo 2 can generate videos … Read more
Google has announced Gemini 2.0, its latest artificial intelligence model that introduces significant advances in multimodal capabilities and autonomous agent features. The experimental version, Gemini 2.0 Flash, is being released first to developers and trusted testers through Google’s AI platforms. According to Google, the new model can generate text, images, and multilingual audio while operating … Read more
The University of Surrey’s Institute for People-Centred Artificial Intelligence (PAI) has unveiled NitroFusion, a revolutionary AI model that generates images in real-time as users type. The groundbreaking technology, developed by the university’s SketchX laboratory, operates on consumer-grade graphics cards, making it accessible to individual creators and small studios. Unlike existing image generation platforms that require … Read more
OpenAI has released Sora, its AI-powered video generation technology, making it available to ChatGPT Plus and Pro subscribers through a dedicated website. The company announced the launch as part of its “12 Days of OpenAI” holiday series, introducing an upgraded version called Sora Turbo that offers improved speed compared to the model previewed in February … Read more
World Labs, founded by AI researcher Fei-Fei Li, has introduced an AI system that can generate interactive 3D environments from a single image. The company has secured $230 million in funding and reached a valuation of over $1 billion, with investors including Andreessen Horowitz and Intel Capital. The system allows users to explore AI-generated 3D … Read more
Amazon Web Services (AWS) has unveiled several significant artificial intelligence developments at its re:Invent 2024 conference. The announcements focus on new hardware, software, and services designed to enhance AI capabilities for business customers. The company introduced the general availability of its Trainium2 chips, which AWS claims are four times faster than their predecessors. These chips … Read more
Luma AI has significantly upgraded its Dream Machine AI platform with new video creation capabilities and an intuitive interface accessible via web and mobile apps. According to reporter Carl Franzen, the platform now includes Luma Photon, a new image foundation model that enables advanced text-to-image and video generation features. The system serves over 25 million … Read more
Microsoft announced significant updates to its AI agent ecosystem at its Ignite conference, expanding support to include 1,800 models through Azure AI. The company revealed that over 100,000 organizations are currently using or editing AI agents through its Copilot Studio platform. The updates include new autonomous capabilities that allow agents to work independently without human … Read more