Apple Heats Up the AI Race with iOS 18, Featuring On-Device Gen AI

🎨👩‍🎨 Meet Lumiere, Google’s new AI model that can turn any text or image into a stunning video 🔥

In today's news:

🚀 Apple Acquires 21 AI Startups to Power Next-Gen iPhones with Generative AI

🤖 Google’s Gradient Ventures Backs Send AI to Revolutionize Data Extraction from Complex Documents

🚀 How Google’s Lumiere is revolutionizing video synthesis with text-to-video and image-to-video capabilities

👩‍💻 EU Launches AI Innovation Package to Give Supercomputer Access to AI Startups

🚀 Apple Acquires 21 AI Startups to Power Next-Gen iPhones with Generative AI

Apple is focusing on generative AI for the next iPhones. iOS 18 will enable on-device generative AI. Apple is developing its own large language model for generative AI applications. Apple has acquired 21 AI startups since 2017. Analysts expect iOS 18 to feature improved AI capabilities, including Siri using a large language model.

• 🍎 Apple is quietly beefing up its artificial intelligence capabilities, with a series of acquisitions, new hires, and hardware updates that point to AI becoming a major focus. 
• 📱 iOS 18 is expected to focus on enabling on-device generative AI for Apple. 
• 🤖 Apple is developing its own large language model for generative AI applications, industry sources say. 
• 👥 Apple has snapped up 21 AI startups since early 2017, per PitchBook research, including its recent purchase of WaveOne, a video compression specialist using AI.
• 📈 Apple is playing catch-up with Samsung and Google, who have already showcased generative AI features powered by their latest smartphones. 
• 👨‍💻 Analysts expect iOS 18 to feature improved AI capabilities, including Siri using a large language model, bringing Apple into alignment with rival voice assistants.

     Read about it here: Link

🤖 Google’s Gradient Ventures Backs Send AI to Revolutionize Data Extraction from Complex Documents

Google’s Gradient Ventures is backing Dutch startup Send AI to help companies extract data from complex documents. Send AI’s customizable platform allows companies to fine-tune AI models for their own individual data-extraction needs. Send AI has raised €2.2 million ($2.4 million) in a pre-seed round of funding co-led by Google’s Gradient Ventures and Keen Venture Partners. Analysts expect Send AI to revolutionize data extraction from complex documents .

• 🤖 Send AI is a document processing platform that uses AI for data extraction and validation. 
• 📈 Send AI’s platform is customizable and allows companies to fine-tune AI models for their own data-extraction needs. 
• 💼 Send AI is targeting larger enterprises, especially in highly regulated industries such as insurance, where accuracy and security are paramount. 
• 💰 Send AI has raised €2.2 million ($2.4 million) in a pre-seed round of funding co-led by Google’s Gradient Ventures and Keen Venture Partners. 
• 👨‍💻 Analysts expect Send AI to revolutionize data extraction from complex documents

     Read more about it: Link

🚀 How Google’s Lumiere is revolutionizing video synthesis with text-to-video and image-to-video capabilities

Google has introduced Lumiere, a new AI text-to-video model that can create realistic, diverse, and coherent motion videos. Lumiere is capable of animating existing images, creating videos in the format of an input image or painting, and creating specific animation in sections within an image. Lumiere uses a Space-Time Diffusion model that generates the entire temporal duration of the video at once, ensuring global temporal consistency and coherent representation across different frames.

• 🤖 Lumiere is a text-to-video diffusion model designed for synthesizing videos that portray realistic, diverse, and coherent motion - a pivotal challenge in video synthesis. 
• 🎥 Lumiere uses a Space-Time U-Net architecture that generates the entire temporal duration of the video at once, through a single pass in the model. 
• 🎨 Lumiere can also create videos from images, paintings, or specific regions within an image, allowing for stylized generation and video editing. 
• 🌎 Lumiere aims to provide global temporal consistency and coherent representation across different frames, unlike existing models that struggle with choppy or seamless motion. 
• 🚀 Lumiere represents a breakthrough in video synthesis, showcasing versatile features and outperforming previous AI models.

     Read about it here: Link

👩‍💻 EU Launches AI Innovation Package to Give Supercomputer Access to AI Startups

The EU is launching a package of support measures to boost its AI ecosystem and competitiveness, especially in the field of generative AI. The EU plans to upgrade its supercomputers and provide privileged access to them for AI startups and innovators. The EU also aims to ensure ethical and responsible AI.

• 🇪🇺 The EU wants to be a contender in the generative AI race, which involves creating AI models that can produce text, images, audio, or video on demand, based on large datasets. 
• 💻 The EU plans to upgrade its network of supercomputers, which are currently mainly used for scientific purposes, to make them more suitable for training generative AI models. 
• 🚀 The EU will provide privileged access to its supercomputers to AI startups and innovators, through a one-stop shop called “AI Factories”, where they can also access data, algorithms, and talent. 
• 👩‍💼 The EU hopes that this initiative will help foster the development of AI applications based on General Purpose AI models, which are versatile and adaptable to different domains and tasks. 
• 👍 The EU also aims to ensure that its AI ecosystem follows ethical and responsible principles, and that it cooperates with international partners on a global framework for AI governance.

Read about it here: Link

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🔥🔥Lumiere: new SOTA in video generation🔥🔥

Google unveils Lumiere: Space-Time Diffusion Model for Realistic Video Generation. It's the new SOTA, tasks: Text-to-Video, Video Stylization, Cinemagraphs & Video Inpainting. Authors: Google, Weizmann Institute, TAV & Technion.