AI Edition - It's AI Time - 128 [20-08-2024]

AI Edition - It's AI Time - 128

Runway's Gen-3 Alpha Turbo is here and can make AI videos faster than you can type

Runway ML's new Gen-3 Alpha Turbo is now available, offering 7x faster AI video generation at half the price of its predecessor across various subscription plans, including free trials. This speed advancement significantly reduces time lag, fostering more efficient workflows, particularly for time-sensitive industries. Runway continues to push for improvements, including enhanced control mechanisms, while navigating the ethical landscape surrounding AI training data practices.

What does Bitcoin smell like? AI startup wants to ‘teleport' digital scents

Osmo, an AI startup, is developing technology to enable computers to interpret and recreate scents, potentially aiding in disease detection and digital scent transmission. Unlike audiovisual AI advances, scent detection lacks a standardized "smell map," challenging the team to establish a molecular bond scent database. Osmo's applications could revolutionize medical diagnostics and digital marketing by incorporating olfactory experiences.

Eric Schmidt Walks Back Claim Google Is Behind on AI Because of Remote Work

Former Google CEO Eric Schmidt has retracted his comments criticizing Google's remote-work policy and its impact on AI competition with OpenAI.

Gemini Advanced updated with latest 1.5 Pro model for improved reasoning

Google has enhanced Gemini 1.5 Pro in Gemini Advanced, delivering improved responses for prompts requiring advanced reasoning and coding.

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