AI 🎉 Friday Headlines: Altman's Return, Grok's Launch, Bard's Update, and Adobe's Acquisition

Let's catch up on today's AI news!
Sam Altman has been reinstated as CEO of OpenAI, Elon Musk's xAI company prepares to launch Grok chatbot, Google's Bard AI chatbot can now pay answers questions about videos on YouTube and Adobe acquired Indian AI video startup Rephrase.ai.
Stay tuned for more detail!

1/ Altman back at OpenAI helm. 🔥

In a surprising turn of events, Sam Altman is returning as CEO of OpenAI just days after his abrupt dismissal. The decision to reinstate Altman follows a tumultuous few days that saw OpenAI's board grapple with intense pressure from employees, investors, and Microsoft to bring back the ousted CEO. Altman's return comes alongside the formation of a new board composed of Bret Taylor, Larry Summers, and Adam D'Angelo. The company has also agreed to an investigation into the events leading up to Altman's firing.

Sam Altman to return as CEO of OpenAI

What a wild five days.

The VergeNilay Patel and Alex Heath

2/ Grok chatbot coming to X Premium+ subscribers. 💬

Elon Musk's xAI company is set to launch its chatbot Grok to X Premium+ subscribers next week. Grok is designed to be more "witty and rebellious" than its rivals, and will also have access to real-time information from the X platform. The addition of Grok could help boost sign-ups for X Premium, which has so far struggled to meet expectations. Grok's launch comes on the heels of a week of drama at rival AI company OpenAI, where CEO Sam Altman was ousted before being reinstated. Grok is trained on a knowledge base similar to ChatGPT and Meta's Llama 2, but will also be able to search the web for up-to-date information.

Elon Musk says xAI’s chatbot ‘Grok’ will launch to X Premium+ subscribers next week | TechCrunch

Shortly after screenshots emerged showing xAI’s chatbot Grok appearing on X’s web app, X owner Elon Musk confirmed that Grok would be available to all of

TechCrunchSarah Perez

3/ Bard YouTube extension updated. ✅

Google just announced that its Bard AI chatbot can now answer questions or analyze the content of YouTube videos. This is an important update to the YouTube Extension for Bard, which previously could only find specific videos. Users can now ask Bard specific questions about a video's content, such as how many eggs are in a recipe or the location of a location in a travel video. That’s potentially a hugely useful tool, but could spell more worry about generative AI for creators.

This update comes as Google continues to test new AI features on YouTube.

Bard can now watch YouTube videos for you

Get answers about a recipe without ever pressing play.

The Verge

4/ Adobe acquires Indian AI Video Startup Rephrase.ai 🧐

Adobe Systems has acquired Rephrase.ai, an Indian AI video startup that simplifies video production by transforming text into professional-looking videos. This acquisition aligns with Adobe's ongoing investment in generative AI and its strategy to expand its creative tech capabilities. The integration of Rephrase.ai's technology with Adobe's Creative Cloud, including Premier Pro and After Effects, has the potential to revolutionize video content creation tools.

Indian AI Video Startup Rephrase.ai Announces Acquisition by Adobe - Decrypt

The cofounder of Rephrase.ai announced on Twitter that the generative video startup was acquired by Adobe.

DecryptJose Antonio Lanz

Conclusion:

From Sam Altman's surprise return as CEO of OpenAI to the launch of Elon Musk's chatbot Grok, the AI landscape is rapidly evolving. Additionally, Google has updated its Bard AI chatbot to analyze YouTube videos, and Adobe has acquired Indian AI video startup Rephrase.ai. These developments highlight the continued advancements in AI technology.

Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.

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