OpenAI's new text-to-video model, Sora, is now under review and in the testing phase. Sora can generate videos from textual prompts and according to its developers, it can also generate videos from images.
Generative AI
Generative AI is a top-trending topic in tech circles, with Apple as the latest company to join the bandwagon. It's a machine-learning model that generates new data rather than simply predicting a data set.
Apple officially launched Apple Intelligence and a series of AI tools that will become available on all its products and OS. At the Worldwide Developers Conference, Apple's CEO Time Cook also announced its partnership with OpenAI and plans to integrate ChatGPT into the iPhone.
Nvidia is one of the hottest stocks this year due to its investment and leadership in the generative AI industry. On June 5th, Nvidia briefly hit the $3 trillion mark, passing Apple to become the US second largest company by market value.
Meta, Facebook's owner, announced changes in its policy regarding deepfakes. Deep fake is a portmanteau of deep learning and fake, which refers to fake or forged videos or images.