🍿 OpenAI is Going to Hollywood

PLUS: is Stability AI in Trouble?

Happy Wednesday Everyone. This is your stylish newsletter ‘AI With Style’ bringing you the best of AI so you’re always up to date. Let’s dive in:

- BREAKING NEWS RECAP -

Stability AI's CEO, Emad Mostaque, steps down amid chaos within the AI image generator company and his "decentralized AI" dreams. Meanwhile, OpenAI sets its sights on Hollywood, holding meetings with media execs to discuss incorporating Sora into films. Speaking of Sora, the best videos created by its beta testers have been dubbed 'Totally surreal' by filmmakers." OpenAI is also eyeing the voice assistant market, filing for a new "Voice Engine" trademark. Amazon invests $2.7B in Anthropic, the AI startup behind Claude, in its largest venture investment yet, while Apple gears up for a major AI reveal that got Wall Street buzzing. Moreover, Elon Musk has announced Grok’s availability for X Premium users, promising an "unhinged fun mode".

AI's hunger for power is set to skyrocket, with the UK's grid CEO predicting a 500% surge in electricity demand in 10 years. In America, utilities can't keep up with the rising AI power demand either. To keep you informed, the Financial Times has launched an AI chatbot powered by Claude. Adobe has launched GenStudio on its Firefly marketing platform, while Microsoft is juicing up Teams with AI features. For the musically inclined, Google's new AI tool transforms your wildest instrumental descriptions into music. GarageBand, who? And in San Jose, AI is being used to spot homeless encampments. Privacy, what? MIT researchers found ways to make AI image gens like DALL-E and Stable Diffusion 30x faster. Finally, Belgian scientists are brewing up an AI that can make beer taste better—cheers!

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