Generative AI technology is advancing at an unprecedented rate, with predictions from a leading consulting firm indicating its potential to significantly boost the global economy. According to McKinsey & Company, generative AI could potentially add between $2.6 to $4.4 trillion to the global GDP annually, suggesting that these figures aren’t just testament to the rising acceptance of generative AI tools worldwide, but also reflect the explosive growth of related innovative services.… Read the rest
Nongshim Unveils Innovative AI-Generated DayPlus Advertisement
Nongshim, a prominent food and beverage company, has launched an innovative commercial for their newest product, DayPlus Postbiotics, a zero-sugar ion drink designed for hydration and enriched with postbiotics and dietary fibers. The avant-garde advertisement leverages artificial intelligence to craft images based on prompts which are then transformed into a video, featuring a speedup technique to swiftly convey the message to viewers.… Read the rest
4th Istanbul Digital Art Festival Opens Its Doors at Atatürk Culture Center
An Enthralling Digital Art Experience in Istanbul
Istanbul’s Atatürk Culture Center has once again become a beacon of creativity, opening its doors to the enchanting world of the 4th Istanbul Digital Art Festival. The event, a collaborative effort by the Ministry of Culture and Tourism, PASHA Bank, and Mezo Digital, has emerged as a significant cultural hotspot for both local and international audiences.… Read the rest
NVIDIA Revamps 3D Creation with the Groundbreaking LATTE3D AI Model
NVIDIA has made significant strides in the field of generative artificial intelligence (AI) with its latest text-to-3D model, known as LATTE3D. Reminiscent of a virtual 3D printer, this powerful tool transforms textual prompts into 3D renditions of objects and animals in under a second.… Read the rest
New Strategic Alliance Formed to Counter NVIDIA’s AI Dominance
Intel Joins Forces with Naver and KAIST to Build an AI Research Center
To challenge NVIDIA’s overwhelming dominance in the semiconductor market essential for creating artificial intelligence, a new collaboration has emerged. American tech giant Intel, South Korea’s internet titan Naver, and the prestigious Korea Advanced Institute of Science and Technology (KAIST) have decided to establish a joint AI research center.… Read the rest
Nvidia’s CEO Stresses the Importance of Human Oversight in AI
During a candid interview on the acclaimed CBS show “60 Minutes,” Nvidia’s Jensen Huang discusses the AI’s pivotal role in shaping technology’s future. Nvidia’s CEO, Jensen Huang, shared insightful perspectives during a revealing segment on CBS’s “60 Minutes,” an interview that highlighted not only the company’s dramatic market value jump from one to two trillion dollars in just eight months but also underscored the critical role of artificial intelligence (AI) in both technological and societal advancements.… Read the rest
Tech Titans Shaping the Artificial Intelligence Economy
Revolutionary Technologies Propel Trillion-Dollar AI Market
A financial explosion in the realm of trillions of dollars is on the horizon, according to Global X, sparked by recent advancements in semiconductors (chips) and large language models (LLMs). These developments are enhancing accessibility and extending the reach of advanced artificial intelligence (AI) systems.… Read the rest
Former Pixar Animator Skeptical of AI Video Generation for Cinema
An ex-Pixar animator has expressed doubts about current AI video generation tools used in the film industry. While new innovations like OpenAI’s Sora, a text-to-video engine, are intriguing with their 60-second video production capabilities using simple text prompts, these tools have significant limitations when it comes to revising the content.… Read the rest
Revolutionizing Digital Content Creation with Emotion-Mimicking Avatars
Emotions Come to Life Through Virtual Presenters
A groundbreaking technology has been unveiled where text inputs such as “I am happy,” “I am sad,” “I am frustrated” are interpreted by a computer-generated character. This character reads aloud the text with corresponding facial expressions and vocal tones that indicate the intended emotions.… Read the rest
Beauty Pageants in the Age of AI: The Controversial Rise of Virtual Influencers
The intersection of technology and aesthetics has reached a new milestone with the advent of the world’s first AI beauty pageant. Spearheaded by Fanvue, a platform traditionally used by human content creators, the Fanvue World AI Creator Awards (WAICAs) marks a new era in which AI-generated figures are not just social media presences but also beauty contestants.… Read the rest