CES: Digital Hollywood Session Explores AI at Inflection Point

Impact and opportunity surfaced as the dominant theme of a full day of Digital Hollywood sessions devoted to artificial intelligence at CES 2024. We are in a period of disruption similar to the early 90s when the Internet went mainstream, said Forbes columnist Charlie Fink, moderating a panel of industry leaders from CAA, Paramount, HTC, Nvidia and Google. Yet despite the transformation already underway, panelists agreed that this is neither the first nor last technology to shift the status quo, more the latest example of inevitable change and adjustment. The current conversations around AI at CES are a refreshing departure after a few years of evolutionary, not revolutionary tech confabs. Continue reading CES: Digital Hollywood Session Explores AI at Inflection Point

Adobe and Figma Call Off Their Proposed $20 Billion Merger

In the wake of increasing pressure from European regulators, Adobe and Figma announced they are terminating their proposed merger agreement. California-based Adobe had planned to purchase Figma’s cloud-based product design platform for $20 billion, a proposal that was 15 months into the regulatory review process. However, the two companies eventually agreed there was no possibility of obtaining regulatory approval from the European Commission and the UK Competition and Markets Authority (CMA). According to a regulatory filing, the decision to cancel the deal will require Adobe to pay Figma a reverse termination fee of $1 billion in cash. Continue reading Adobe and Figma Call Off Their Proposed $20 Billion Merger

Standalone Image Generator Is Among New AI Tools by Meta

Meta Platforms is moving Imagine with Meta from its test bed as a generative AI experience in chats to a standalone experience on the Web that allows users to create high-resolution images using natural language text prompts. That is one of more than 20 generative AI features Meta is deploying to create new business opportunities globally leveraging AI across search, ads, business messaging and more. While most will wind up on Facebook, Instagram, Messenger and WhatsApp, some say Meta’s popular Facebook and Instagram platforms have plateaued at 2 to 3 billion users per month, circumscribing ad growth. Continue reading Standalone Image Generator Is Among New AI Tools by Meta

Shutterstock Offers AI Image Editor for Massive Stock Library

Creative image platform Shutterstock has added AI-powered editing features that provide “the potential for infinite options to refine and perfect images” in the company’s library of more than 700 million stock selections. A go-to source for brand marketers and digital media companies, Shutterstock is offering six signature AI capabilities as well as secondary features such as a virtual AI design assistant and advanced filters under the umbrella Creative AI. What’s more, Shutterstock says it will compensate its licensed artists when their images are edited with AI. Continue reading Shutterstock Offers AI Image Editor for Massive Stock Library

Getty GenAI Tool for Images and Video Is Powered by Nvidia

Nvidia’s Picasso continues to gain market share among visual companies looking for an AI foundry to train models for generative use. Getty Images has partnered with Nvidia to create custom foundation models for still images and video. Generative AI by Getty Images lets customers create visuals using Getty’s library of licensed photos. The tool is trained on Getty’s own creative library and has the company’s guarantee of “full indemnification for commercial use.” Getty joins Shutterstock and Adobe among enterprise clients using Picasso. Runway and Cuebric are using it, too — and Picasso is still in development. Continue reading Getty GenAI Tool for Images and Video Is Powered by Nvidia

Cryptographic C2PA Protocol Pursues Labeling of AI Content

Launched two years ago, C2PA is an open-source Internet protocol that cryptographically encodes origin metadata into content. The protocol, a more secure form of watermarking, is being put forth as a way of disclosing when material has been created wholly or in part using artificial intelligence, something the White House has said it wants companies to do. Impending European Union regulations will also mandate that some tech platforms label images, audio, and video generated by artificial intelligence using “prominent markings.” More than 1,500 companies are involved with C2PA through the Content Authenticity Initiative, making it a viable solution. Continue reading Cryptographic C2PA Protocol Pursues Labeling of AI Content

Adobe Pursues Ethical, Responsible AI in the Creative Space

As a next step in its advances in ethical AI, Adobe has announced its Firefly generative AI platform now supports text prompts in more than 100 international languages. The company says its Firefly AI app has generated over one billion images in Firefly and Photoshop since implementation in March. Adobe has also deployed artificial intelligence in Express, Illustrator and the Creative Cloud. Positioning its latest news as an expansion of global proportions, Adobe’s generative AI products will now support text prompts in native dialects in the standalone Firefly web service, with localization coming to more than 20 additional languages. Continue reading Adobe Pursues Ethical, Responsible AI in the Creative Space

Meta’s MusicGen AI Works with Language and Song Prompts

Meta Platforms has debuted what’s being called “ChatGPT for audio.” MusicGen is an AI music generator that can create tunes from natural language or song snippets. The company says MusicGen was trained on 20,000 hours of music, including 10,000 hours of “high-quality” licensed songs and 390,000 instrumental tracks. Meta released MusicGen on GitHub this past weekend, and is currently demoing the app on Facebook’s Hugging Face page. Visitors can generate tunes by describing the sound they want. Among Meta’s prompts: “80s driving pop song with heavy drums and synth pads in the background.” Continue reading Meta’s MusicGen AI Works with Language and Song Prompts

Meta Platforms Is Selling Giphy to Shutterstock for $53 Million

Meta Platforms has agreed to sell Giphy to Shutterstock for $53 million in net cash, winding down a yearslong legal battle with the UK Competition and Markets Authority, which ordered the divestiture. Shutterstock, which licenses photos and other image content, said Giphy adds 1.7 billion in daily mobile users and global partners that include Meta’s own Instagram, Facebook and Whatsapp in addition to Microsoft, Samsung, Twitter, TikTok, Slack and Discord. Meta acquired Giphy in 2020 for $315 million and was one year later ordered by the UK CMA to unwind the deal, citing antitrust issues. Continue reading Meta Platforms Is Selling Giphy to Shutterstock for $53 Million

Watermark-Erasing AI Worries Photographers, Other Creatives

A new artificial intelligence service offering free watermark removal from photographs is causing worry among copyright holders. Photographers took to Twitter to complain about this threat to their livelihoods while the creative community at large pondered the broader implications for AI infringement on intellectual property rights — a central aspect of discussions involving ChatGPT, which was trained using privately held as well as public domain data. Available to download as an app from sites including Product Hunt and the Google Play Store, the WatermarkRemover.io app itself is legal, while some of its potential uses are not. Continue reading Watermark-Erasing AI Worries Photographers, Other Creatives