The World This Week in AI (23th September 2024)

The World This Week in AI (23th September 2024)

Google.org Unveils New AI Funding to Empower Students and Educators

Source: Google

Google.org's recent AI funding initiative focuses on empowering over 500,000 students and educators by equipping them with essential AI skills. The collaboration with key partners such as ISTE, 4-H, and others aims to foster a more inclusive educational environment, particularly targeting underserved communities. This effort seeks to bridge the gap for students who may not otherwise have access to such transformative learning opportunities.

These new investments are part of a broader commitment to AI literacy, building on Google's $75 million AI Opportunity Fund. Through this, Google.org reinforces its mission to support equitable access to digital tools and knowledge, ensuring educators and students can confidently navigate an AI-powered future. With a focus on providing training, resources, and curriculum development, the initiative strengthens the educational foundation necessary for a rapidly changing technological landscape.

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Hollywood studio Lionsgate's deal with Runway AI

Lionsgate’s partnership with Runway AI marks a significant advancement in the entertainment industry. By using AI to develop a specialized tool trained on its vast film and TV library, Lionsgate aims to improve production processes such as storyboarding, editing, and creating visual effects. This initiative is expected to streamline pre- and post-production, leading to substantial cost savings, potentially in the millions. Filmmakers are eager to explore how AI can elevate their creative processes, offering them new ways to refine cinematic content more efficiently

This collaboration is the first of its kind for a Hollywood studio, demonstrating the growing acceptance of AI in filmmaking. Both Lionsgate and Runway emphasize that AI will enhance creativity rather than replace it, supporting creators in bringing their stories to life. The potential to develop personalized AI models for independent creators hints at future possibilities in the industry, where AI tools may become integral to storytelling across various media platforms.

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Apple Launches AI-powered iOS 18.1 Beta

Apple has launched the iOS 18.1 beta with the release of iPhone 16, bringing significant upgrades to Siri and introducing new AI-powered features. Available for iPhone 16 and select iPhone 15 models through the Apple Beta Software Program, the update enhances Siri's conversational abilities and offers a new visual interface. It also includes tools like writing assistance, email summarization, and advanced photo editing.

Initially available in the U.S., these AI features will expand to other English-speaking countries by December, with further language and regional support planned for next year. As with all beta versions, users are advised to download cautiously as the software may still have bugs.

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Amazon Ads Launches New AI Video Generator?

Source: Amazon

Amazon has introduced a new generative AI video generator for advertisers, enabling them to create engaging video ads quickly and efficiently. This innovative tool allows users to input text prompts and automatically generates high-quality video content, reducing the time and resources typically required for video production. By leveraging AI, advertisers can experiment with various styles and formats, tailoring their campaigns to better connect with audiences across platforms.

The generative AI video generator is part of Amazon's broader strategy to enhance advertising solutions, making it easier for brands of all sizes to leverage video in their marketing efforts. With the rise of video consumption, this tool aims to democratize access to video advertising, empowering businesses to create compelling content that resonates with viewers, ultimately driving engagement and conversions.

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