AI News Update: Latest AI Developments and OpenAI's GPT 4

ChatGPT costs $700,000 per day, Google and Amazon enhance AI features, OpenAI's GPT 4 for content moderation, gaming speculation, and AI guidelines for journalists.

00:00:00 AI News Update: ChatGPT costs $700,000 per day. OpenAI may go bankrupt by 2024 without profit. Amazon improves customer reviews with generative AI. Google updates generative search with hover definitions and article summaries.

💰 Chat GPT is costing $700,000 per day, potentially leading to financial difficulties for OpenAI.

📈 The usage of Chat GPT has declined, but it may rise as schools reopen.

🤖 Amazon is using generative AI to improve customer reviews and provide summaries based on specific product points.

🔎 Google has updated its generative search experience, allowing for word definitions and article summaries.

00:02:11 Google Photos has added a new memories view that automatically curates and organizes your photos with the help of AI. OpenAI announces GPT 4 API for content moderation, reducing moderation time significantly. OpenAI acquires Global illumination, leading to speculation about their involvement in gaming.

📸 Google Photos has added a new AI-powered memories view, allowing users to easily relive and share their most memorable moments.

🔒 OpenAI announced the GPT 4 API, which enables faster content moderation and reduces the need for human moderators.

🎮 OpenAI acquired Global Illumination, a gaming development team, fueling speculation about OpenAI's involvement in the gaming world.

00:04:25 In this video, the creator discusses the takedown of a mod that allows players to have conversations with characters in Grand Theft Auto. The video also highlights the release of Adobe Express with Firefly and a new feature called Watch by Runway.

🎮 A mod that enables conversations with AI characters in Grand Theft Auto was taken down by the game's owner, Take-Two Games, without explanation.

🖌️ Adobe Express with Firefly, offering free creation tools like text to image generation and AI background removers, is now available worldwide.

🎥 Runway, the company behind video effect creators, has launched a new feature called 'watch' where users can explore impressive videos made with RunwayML.

00:06:37 AI News Update discusses AI guidelines for journalists, emphasizing the need for vetting AI-generated content and avoiding the spread of misinformation. Additionally, the video mentions Google's ex-CEO launching a non-profit AI company and two Google researchers founding Sakana AI.

💡 Journalists should follow AI guidelines from the Associated Press, treating AI-generated content as unvetted source material.

📷 Journalists are prohibited from altering photos using generative AI and transmitting AI-generated images suspected of being false.

🔍 Guidelines suggest using AI as a rough draft and verifying its accuracy before publishing, to avoid spreading misinformation.

🎯 Former Google CEO Eric Schmidt and Google researchers have launched new AI companies focused on scientific breakthroughs.

00:08:49 AI News Update: Google introduces a new approach to generative AI, ex-CEO of Machine Zone launches AI-based social media app, AI bots can now solve captchas, and Snapchat's AI chatbot glitches out.

🧠 A company called Google Brain is proposing a new approach to generative AI that involves creating numerous smaller models collaborating like a swarm.

📱 The ex-CEO of Machine Zone is launching a social media app called Be Fake, which uses generative AI to transform and post fake pictures of oneself.

🔒 AI bots have become so skilled at solving captchas that they render them useless, posing a risk for websites and the need for new proof of humanity methods.

00:11:02 AI News Update: Neuroangelo technology by Nvidia turns images into cohesive 3D models. Luma AI launches fly throughs, turning real locations into 3D scenes. iPhone users can download the app now.

📱 Snapchat experienced a temporary outage but is now resolved.

🖼️ Nvidia's neuroangelo technology can turn images into smooth 3D images.

🌍 Luma AI's fly throughs app turns videos of locations into 3D experiences.

00:13:14 In this AI News Update video, the speaker expresses their excitement about creating cool AI content and sharing new ideas. They also mention upcoming conferences and the release of exciting AI tools and technology.

📺 The speaker is excited to focus on creating cool AI content and staying updated with new tools and breakthroughs.

🔔 The audience is encouraged to subscribe, like, and turn on notifications to not miss any new AI videos.

💻 There are upcoming releases of amazing AI tools and technology that the speaker is eager to explore and create tutorials on.

Summary of a video "AI News Update - ChatGPT Costs How Much?!?" by Matt Wolfe on YouTube.

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