U.S. recorded music revenue grew 8 percent in 2023, to an estimated record high of $17.1 billion at retail. It was the eighth consecutive year of growth, according to the RIAA, which says streaming continued to be the biggest driver, notching new heights of paid subscriptions, robust growth in ad-supported listening, and healthy increased contributions from new platforms. Streaming accounted for 84 percent of retail revenue, at $14.4 billion including from 96.8 million paid subscriptions. On the supply-side, wholesale revenue grew 7 percent to $11 billion, also a record. Continue reading Streaming Drives U.S. Recorded Music to Record $17 Billion

OpenAI’s Sora text- and image-to-video tool isn’t publicly available yet, but the company is showing what it’s capable of by putting it in the hands of seven artists. The results — from a short film about a balloon man to a hybrid flamingo giraffe — are stirring excitement and priming the pump for what OpenAI CTO Mira Murati says will be a 2024 general release. Challenges include making it cheaper to run and enhancing guardrails. Since introducing Sora last month, OpenAI says it’s “been working with visual artists, designers, creative directors and filmmakers to learn how Sora might aid in their creative process.” Continue reading OpenAI Releases Early Demos of Sora Video Generation Tool

The United Nations General Assembly on Thursday adopted a U.S.-led resolution to promote “safe, secure and trustworthy” artificial intelligence systems and their sustainable development for the benefit of all. The non-binding proposal, which was adopted without a formal vote, drew support from more than 122 co-sponsors, including China and India. It emphasizes “the respect, protection and promotion of human rights in the design, development, deployment and use” of responsible and inclusive AI. “The same rights that people have offline must also be protected online, including throughout the life cycle of artificial intelligence systems,” the resolution affirms. Continue reading UN Adopts Global AI Resolution Backed by U.S., 122 Others

Stability AI has released Stable Video 3D, a generative video model based on the company’s foundation model Stable Video Diffusion. SV3D, as it’s called,  comes in two versions. Both can generate and animate multi-view 3D meshes from a single image. The more advanced version also let users set “specified camera paths” for a “filmed” look to the video generation. “By adapting our Stable Video Diffusion image-to-video diffusion model with the addition of camera path conditioning, Stable Video 3D is able to generate multi-view videos of an object,” the company explains. Continue reading Stable Video 3D Generates Orbital Animation from One Image

Campaigning through the swing state of Arizona on Wednesday, President Biden announced Intel is lined up for a $19.5 billion package under the CHIPS and Science Act. The Department of Commerce has reached a preliminary agreement to provide up to $8.5 billion in grants and $11 billion in loans under the 2022 tech stimulus plan. Intel has committed $100 billion of its own. The CHIPS Act “will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years,” Biden said, addressing a crowd at Intel’s Chandler, Arizona plant, which will be modernized using the funds. Continue reading Intel Awarded CHIPS Act Funding to Boost Production in U.S.

Deepgram’s new Aura software turns text into generative audio with a “human-like voice.” The 9-year-old voice recognition company has raised nearly $86 million to date on the strength of its Voice AI platform. Aura is an extremely low-latency text-to-speech voice AI that can be used for voice AI agents, the company says. Paired with Deepgram’s Nova-2 speech-to-text API, developers can use it to “easily (and quickly) exchange real-time information between humans and LLMs to build responsive, high-throughput AI agents and conversational AI applications,” according to Deepgram. Continue reading Deepgram’s Speech Portfolio Now Includes Human-Like Aura

In news rocking the publishing world, two of the largest newspaper chains in the U.S. have drastically downsized their contracts with the Associated Press, eliminating AP journalism from their combined 230 news outlets, including Gannett’s USA Today and McClatchy’s The Miami Herald. Though neither chain disclosed how much the move will save, the AP assesses “it is likely to be in the millions of dollars” for each. Gannett announced it has chosen another newswire partner, Reuters, and says it will continue to subscribe to the AP Stylebook and election results data. AP says its Gannett contract runs through the end of 2024. Continue reading Gannett, McClatchy Cancel Associated Press News Contracts

Nvidia unveiled what it is calling the world’s most powerful AI processing system, the Blackwell GPU, purpose built to power real-time generative AI on trillion-parameter large language models at what the company says will be up to 25x less cost and energy consumption than its predecessors. Blackwell’s capabilities will usher in what the company promises will be a new era in generative AI computing. News from Nvidia’s GTC 2024 developer conference included the NIM software platform, purpose built to streamline the setup of custom and pre-trained AI models in a production environment, and the DGX SuperPOD server, powered by Blackwell. Continue reading GTC: Nvidia Unveils Blackwell GPU for Trillion-Parameter LLMs

YouTube has added new rules requiring those uploading realistic-looking videos that are “made with altered or synthetic media, including generative AI” to label them using a new tool in Creator Studio. The new labeling “is meant to strengthen transparency with viewers and build trust between creators and their audience,” YouTube says, listing examples of content that require disclosure as “likeness of a realistic person” including voice as well as image, “altering footage of real events or places” and “generating realistic scenes” of fictional major events, “like a tornado moving toward a real town.” Continue reading YouTube Adds GenAI Labeling Requirement for Realistic Video

Apple researchers have gone public with new multimodal methods for training large language models using both text and images. The results are said to enable AI systems that are more powerful and flexible, which could have significant ramifications for future Apple products. These new models, which Apple calls MM1, support up to 30 billion parameters. The researchers identify multimodal large language models (MLLMs) as “the next frontier in foundation models,” which exceed the performance of LLMs and “excel at tasks like image captioning, visual question answering and natural language inference.” Continue reading Apple Unveils Progress in Multimodal Large Language Models

Elon Musk’s xAI has released its Grok chatbot and open-sourced part of the underlying Grok-1 model architecture for any developer or entrepreneur to use for purposes including commercial applications. Musk unveiled Grok in November and announced that it would be publicly released this month. The chatbot itself is available to X social premium members, who can ask the cheeky AI questions and get answers with a snarky attitude inspired by “The Hitchhiker’s Guide to the Galaxy” sci-fi novel. The training for Grok’s foundation LLM is said to include X social posts. Continue reading Grok-1 Architecture Open-Sourced for General Release by xAI

Robotics firm Figure AI is getting a lot of attention for its humanoid robot, Figure 01, which the company unveiled along with news that it has raised $675 million, for a $2.6 billion valuation, from investors including OpenAI, Nvidia, Microsoft and Amazon founder Jeff Bezos. Pronounced “Figure One,” the general purpose robot looks and moves like a human, and can perform mundane tasks like serving food as well as undesirable jobs like picking up trash. It “sees” using “onboard cameras that feed into a large vision-language model (VLM) trained by OpenAI,” according to Figure co-founder and CEO Brett Adcock. Continue reading Figure Unveils Humanoid Robot, Draws Notable Investments

The European Union has passed the Artificial Intelligence Act, becoming the first global entity to pass comprehensive law to regulate AI’s development and use. Member states agreed on the framework in December 2023, and it was adopted Wednesday by the European Parliament with 523 votes in favor, 46 against and 49 abstentions. The legislation establishes what are being called “sweeping rules” for those building AI as well as those who deploy it. The rules, which will take effect gradually, implement new risk assessments, ban AI uses deemed “high risk,” and mandate transparency requirements. Continue reading EU Lawmakers Pass AI Act, World’s First Major AI Regulation

Artificial intelligence imaging service Midjourney has been embraced by storytellers who have also been clamoring for a feature that enables characters to regenerate consistently across new requests. Now Midjourney is delivering that functionality with the addition of the new “–cref” tag (short for Character Reference), available for those who are using Midjourney v6 on the Discord server. Users can achieve the effect by adding the tag to the end of text prompts, followed by a URL that contains the master image subsequent generations should match. Midjourney will then attempt to repeat the particulars of a character’s face, body and clothing characteristics. Continue reading Midjourney Creates a Feature to Advance Image Consistency

Perplexity is a year-old AI startup whose conversational “answer engine” has gained attention as a potential challenger to conventional search. Two months ago the venture raised $73.6 million in Series B funding from investors including Nvidia and Amazon founder Jeff Bezos via his Bezos Expeditions, resulting in a valuation of about $520 million. Now the company is said to be finalizing another cash infusion that is predicted to double its valuation to roughly $1 billion. The current financing round is reportedly being led by former Y Combinator partner Daniel Gross through his own investment fund. Continue reading AI Startup Perplexity Targets $1B Valuation with New Funding