AI🌪️Thursday Innovations: Snapchat AR, Sutskever's Venture, AI Token Surge, and Disney-Inspired Tools

Welcome to the forefront of artificial intelligence innovations! Today unveils a landscape teeming with advancements that promise to redefine how we interact with technology. Join us as we delve deeper into these groundbreaking developments shaping our digital future.

1. Snapchat transforms prompts into new AR lenses

Snapchat is introducing an AI model that lets users transform their surroundings with augmented reality (AR). This model will enable creators to turn text prompts into custom lenses, offering unique visuals like a "50s sci-fi film" look. In the coming months, users will see these new lenses, while creators can start making them by year-end. The latest Lens Studio update includes new AI tools for generating face effects, 3D assets, and immersive transformations in real time. Snapchat has also rolled out AI features like AI-generated snaps and a ChatGPT-powered chatbot. Stay tuned for more innovations!

Snapchat AI turns prompts into new lens

We could soon see more immersive Snapchat lenses.

The Verge

2. Ilya Sutskever, ex-OpenAI chief scientist, launches AI startup

Ilya Sutskever, a co-founder of OpenAI, has launched Safe Superintelligence Inc. (SSI) with Daniel Gross and Daniel Levy. This new company focuses on AI safety and capabilities. SSI aims to advance AI technology while ensuring safety measures are always ahead. Unlike OpenAI's non-profit origins, SSI is a for-profit entity, aligning its mission, team, and investors to achieve its safety goals. With offices in Palo Alto and Tel Aviv, SSI is recruiting technical talent to tackle the challenges of superintelligent AI. The company emphasizes the importance of safety and innovation in its development process.

Ilya Sutskever, OpenAI’s former chief scientist, launches new AI company | TechCrunch

Ilya Sutskever, one of OpenAI’s co-founders, launches Safe Superintelligence (SSI), just a month after leaving OpenAI.

TechCrunchTage Kene-Okafor

3. AI tokens surge 15% with Nvidia's boost to Fetch.ai and Render

AI tokens are booming, with the market cap reaching nearly $28 billion after a 15% surge. Fetch.ai (FET) and Render (RNDR) lead the charge, thanks to Nvidia's stellar performance boosting AI-related projects. FET surged 30% in a day, while RNDR rose 2.3%. Other notable gainers include Ocean Protocol and SingularityNET. These tokens power decentralized networks using AI and machine learning, offering transformative potential across various sectors. The AI token boom highlights the growing synergy between AI and blockchain, despite inherent risks in the volatile crypto market.

AI Tokens Surge 15% as Nvidia Tailwinds Boost Fetch.ai and Render - Decrypt

AI tokens Fetch.ai and Render have posted big gains—along with the broader category—thanks to a tailwind from Nvidia’s growth.

DecryptNathan Minsberg

4. New AI video tool mimics Disney's IP

AI startup Luma's new video-generating tool, Dream Machine, sparked controversy by featuring a recognizable character from Pixar's "Monsters, Inc." in its generated content. This has raised concerns about the transparency and ethical practices of AI models. Many questioned if the tool was trained on copyrighted material without proper disclosure. Luma, promoting Dream Machine as a breakthrough in filmmaking, has yet to clarify its data sources. Meanwhile, Disney has not commented on the issue. This incident underscores the growing need for transparency in AI training processes to prevent unintentional plagiarism and respect intellectual property rights.

An AI video tool just launched, and it’s already copying Disney’s IP

Disney might have a few questions about this.

The Verge

In closing, today's AI highlights offer a glimpse into a dynamic future where technology continues to push boundaries. From Snapchat's inventive AI lenses to Ilya Sutskever's ambitious new venture, the landscape is ripe with innovation. The surge of AI tokens driven by Nvidia underscores the pivotal role of GPU technology in powering these advancements. Yet, amid these strides, questions of ethics and originality loom, exemplified by the AI video tool mimicking Disney's IP. As we navigate these frontiers, let's remain vigilant, ensuring that progress is guided by integrity and transparency. Join us on this journey into the ever-evolving realm of artificial intelligence.

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