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Stability AI seeking sale, ousting of the CEO demanded

πŸ“° No-Noise News πŸ“°

🎨 Stability AI, the company known for its image generator Stable Diffusion, is exploring a sale due to financial pressures, following investor concerns that also prompted calls for the CEO to step down.

🎞️ Pika Labs introduced AI video generator 1.0, with capabilities for multiple video styles, simplifying content creation. It secured $55 million from influential investors. There's a waitlist available for interested users.

+ DEMO (Twitter/X)

πŸ’° Dell's $150 million deal provides servers for AI startup Imbue's ambitious projects. Imbue aims to create personal computers with intelligent AI agents. The startup avoids dependency on cloud giants for tech infrastructure.

πŸ“œ ML.NET 3.0, Microsoft's latest update, advances AI app development within the .NET ecosystem, focusing on deep learning enhancements and data processing. It boosts object detection with new APIs and improves data manipulation, aiming to simplify AI integration for developers using C# and F#. 

πŸ•·οΈ DataDome's report reveals that 68% of US websites are defenseless against basic bot attacks, posing risks of fraud and inconvenience to online businesses and their customers during peak shopping times.

πŸ–ΌοΈ Stability AI has introduced Stable Diffusion XL Turbo, a cutting-edge AI capable of producing high-quality images instantaneously. It uses a sophisticated method called Adversarial Diffusion Distillation to cut down the image creation process from 50 steps to just one, without losing image quality.

πŸ“š Nerd section πŸ“š

πŸ€” Amazon shares methods for evaluating AI risks, highlighting the need for organizations to use AI safely and responsibly, which includes understanding and mitigating potential negative impacts.

πŸ–ŒοΈ Build an unofficial Midjourney API with Nest.js - the article explains how to set up a Discord bot and use Nest.js to create an unofficial Midjourney API that can receive text prompts and return generated images, although it's not for production use.

πŸ•ΈοΈ GitHub - BuilderIO/gpt-crawler: Crawl. The project allows users to crawl a website and generate knowledge files that can be used to create a custom GPT (Generative Pre-trained Transformer) model. Users can integrate this custom GPT into their own websites or products.

🧠 A new technique called System 2 Attention (S2A) improves AI reasoning by filtering out useless information, enhancing language models' accuracy in understanding and solving problems.

🌐 Web section 🌐 

πŸ•ΈοΈ What's this new section about?

On days when there's a lot of news, we aim to keep our newsletter short and sweet.

So here (but not in the email version) we're adding AI-related stories that may be slightly less attention-grabbing, but still could move the needle in specific sectors and fields.

πŸ—ΊοΈ Layla, a Berlin-based startup, has launched an AI-powered travel chatbot and app, leveraging social media networks to provide personalized travel recommendations and easier booking options.

🌿 Robot with steel fingers and AI weeds autonomously, cuts herbicide usage by 70%, runs up to 12 hours, and has proven to produce tastier onions with a longer shelf life.

πŸ’ΈVenture firm Tola Capital secured $230 million for AI enterprise software investments. This third fund is their largest, aiming to fund AI's transformative role in business operations. Despite a challenging fundraising year, AI investments remain attractive.

πŸ§’ OpenAI's new board of directors is expected to prioritize safety practices over investor returns and is unlikely to offer board seats to Microsoft and other investors. The removal of CEO Sam Altman blindsided these investors, and although Altman has returned to his position, he did not reclaim his board seat as part of a compromise deal.

βš™οΈ China is repurposing RTX 3080 graphics cards, once used for cryptomining, by upgrading them to 20GB VRAM to meet the demand for AI accelerators after the US restricted tech exports.

πŸ“ƒ Researchers have developed MeshGPT, a method that uses a large language model to generate 3D triangle meshes. This approach allows for the creation of compact meshes with sharp edges, and can even suggest possible completions for unfinished shapes. MeshGPT outperforms other mesh generation methods, resulting in a 9% increase in shape coverage.

😠 People are reacting strongly to Sports Illustrated's excuse for publishing articles by fake writers with AI-generated profiles. The publisher claims that the articles in question were licensed content from a third-party company, AdVon Commerce, and that they were written and edited by humans. However, many are skeptical of this explanation and are criticizing Sports Illustrated for its lack of transparency.

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- Ts (Bits and Neurons)