Top Stories

Data and AI Propel Amazon to $2 Trillion Market Capitalization

Amazon is increasingly betting on artificial intelligence as the key to its future growth. The company plans to spend $100 billion on data centers over the next decade — significantly more than it will spend on e-commerce and warehouse infrastructure. This is largely due to market forces. Thirty-year-old Amazon rode the e-retail wave to maturity, and the company’s AWS cloud service is now the new growth engine, driving the firm past $2 trillion in market value last week. The fifth U.S. company to hit that milestone is said to be building a new chatbot it hopes will surpass ChatGPT. Amazon also announced it has hired David Luan, co-founder of AI firm Adept. Read more

Created by Humans: AI Rights Licensing Platform for Creators

Created by Humans, a company that aims to make it easy for creators to be compensated when their work is used for AI model training, has emerged from stealth with $5 million in funding. Positioning itself as “the AI rights licensing platform for creators,” the company was launched by Trip Adler, formerly the CEO of document sharing service and publishing platform Scribd. Noted author Walter Isaacson is an investor and creative advisor. In streamlining the licensing process, Created by Humans hopes to spare individuals and smaller companies from the proposition of engaging in costly litigation against LLM firms. Read more

Drexel Claims Its AI Has 98 Percent Rate Detecting Deepfakes

Deepfake videos are becoming increasingly problematic, not only in spreading disinformation on social media but also in enterprise attacks. Now researchers at Drexel University College of Engineering say they have developed an advanced algorithm with a 98 percent accuracy rate in detecting deepfake videos. Called the MISLnet algorithm, for the school’s Multimedia and Information Security Lab where it was invented, the platform uses machine learning to recognize and extract the “digital fingerprints” of video generators including Stable Video Diffusion, VideoCrafter and CogVideo. Read more

New Prototype Is the World’s First AI-Powered Movie Camera

The world’s first AI-powered movie camera has surfaced. Still in development, it aims to enable filmmakers to turn footage into AI imagery in real time while shooting. Called the CMR-M1, for camera model 1, it is the product of creative tech agency SpecialGuestX and media firm 1stAveMachine, with the goal of providing creatives with a familiar interface for AI imagemaking. It was inspired by the Cine-Kodak device, the first portable 16mm camera. “We designed a camera that serves as a physical interface to AI models,” said Miguel Espada, co-founder and executive creative technologist at SpecialGuestX, a company that does not think directors will use AI sitting at a keyboard. Read more

SwitchLens Adds 1-Inch Sensor, M43 Lenses to Smartphones

China’s Sneaki Design has a new smartphone camera technology called SwitchLens that makes it possible to use professional-quality interchangeable lenses with existing Android and iOS phones. It does this via a phone-mounting external camera unit that has its own one-inch CMOS sensor and coupling device for lenses built to the Micro Four Thirds (M43) open standard. The pro-sized sensor captures still images as 21MP in either the RAW or JPEG formats, and 60p MOV video at up to 4K. Existing M43 compatible lenses from manufacturers including Panasonic and Olympus work with SwitchLens, according to Sneaki Design. Read more

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