šŸ˜ŗ Pika 1.0

PLUS: Amazon in the post-Bezos era looks pretty good

Welcome, humans.

ā€œAuthenticā€ is Merriam-Websterā€™s Word of the Year for 2023, standing in stark contrast to a finalist: "deepfake". Also on the list is ā€œrizzā€ (= having romantic charm = youā€™ve got game), a term that has never been used to describe anyone in the AI community.

Hereā€™s what you need to know about AI today:

  • Pika 1.0 is hereā€”the best AI video tool weā€™ve seen yet!

  • Amazon announced Q, an AI assistant for AWS customers.

  • Stable Diffusion turbo can generative AI images in real-time.

  • OpenAI isnā€™t expected to offer Microsoft/investors board seatsā€¦

Pika is the best AI video tool weā€™ve seen yetā€¦

Pika

The only thing that makes VCs drool more than Patagonia vests are two Stanford PhD dropouts with a new idea.

Meet Pika.

The startup made a splash yesterday (>6M views) with the launch of its AI video platform ā€œPika 1.0ā€.

You describe an idea (e.g. "Elon Musk in a spacesuit, 3D animationā€) ā†’ Pika transforms it into an animated video (see the amazing results here)!

From there you can do things likeā€¦

  • add text captions.

  • add/subtract items from a video.

  • inpainting/masking.

  • transfer styles.

  • expand canvases.

ā€¦and more, all by using your words like a good boy.

Itā€™s the most impressive demo weā€™ve seen in the text-to-video realm (no offense, Runway).

Why it matters: Pikaā€™s mission isnā€™t to replace Hollywood film production but to empower ā€œeveryday consumersā€ to create stunning 3D animation, anime, cartoon, and cinematic videos just by typing.

And to that, we say ā€œbravoā€.

The technical barriers to bringing ideas to lifeā€”for entertainment AND workā€”will soon be extremely low, paving the way for a whole new generation of video creatives.

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Amazon introduced a chatbot assistant for AWS customers.

AWS

At its re:Invent conference in Vegas yesterday, Amazon showcased big AI advancements to let the world know itā€™s not falling behind in a post-Bezos era.

The biggest news is Amazon Q, a chatbot for enterprises on AWS.

Q (not to be confused with OpenAIā€™s secret project Q*) is Amazonā€™s take on ā€œChatGPT but for big businessā€: 1) plugs into major systems like M365, Salesforce, and your internal wikis and 2) only uses info that a particular user is allowed to see.

Both have long been big asks by big companies.

Qā€™s flagship use case? Making AWS easier to use (l o l), drawing on ā€œ17 years of AWS knowledge and experienceā€.

Which is the enterprise IT version of the ā€œlandlord specialā€ā€”just slap a chatbot over everythingā€¦

TBD on how powerful Q is (itā€™s a blend of models from Bedrock), but Amazon was adamant about prioritizing privacy and reducing 'hallucinations'ā€”a nod to Bedrockā€™s recent safety guardrails.

In other news, they unveiled two intriguing chips for AI training, dubbed Trainium2 and Graviton4 (odd names, huh?), plus they bagged early access to Nvidiaā€™s sought-after H200 Tensor Core GPUs.

Around the Horn.

  • Stability AI launched Stable Diffusion turbo which churns out AI images in real-timeā€”give it a whirl on Clipdrop here!

  • OpenAI isnā€™t expected to offer board seats to Microsoft/other investors.

  • Startups like Ramp are using results from OpenAIā€™s models to fine-tune cheaper open-source models like Llama 2 (even though itā€™s technically a no-no).

  • A new Microsoft paper explores GPT-4ā€™s huge potential in radiology.

Wednesday Wirings.

  1. Pika, the AI video platform we covered today, raised $55M from Lightspeed and the CEOs of Quora, HuggingFace, Giphy, Perplexity, ElevenLabs, AND Tomeā€¦

  2. Dell secured a $150 million deal to provide servers to AI startup Imbue for advanced AI models.

  3. AI21, a maker of AI models for enterprises, raised $53M.

  4. Neuralink, Elon Muskā€™s brain interface startup, snagged another $43M.

  5. Cradle, which helps scientists design and engineer proteins with AI, raised $24M.

We curated the top 27 tools you need for work in our ā€œTop Tools For Businessā€!

A Cat's Commentary.

Thatā€™s all for today, for more AI treats, check out our website.

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