Not to be outdone by Meta's Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given a text prompt (e.g., "a teddy bear washing dishes"). While the results aren't perfect -- the looping clips the system generates tend to have artifacts and noise -- Google claims that Imagen Video is a step toward a system with a "high degree of controllability" and world knowledge, including the ability to generate footage in a range of artistic styles. As my colleague Devin Coldewey noted in his piece about Make-A-Video, text-to-video systems aren't new. Earlier this year, a group of researchers from Tsinghua University and the Beijing Academy of Artificial Intelligence released CogVideo, which can translate text into reasonably-high-fidelity short clips. But Imagen Video appears to be a significant leap over the previous state-of-the-art, showing an aptitude for animating captions that existing systems would have trouble understanding.
In the cybersecurity sector, artificial intelligence testing is crucial. This is because AI has the potential to help cybersecurity overcome some of its major obstacles. And there are many obstacles, including the incapacity of many organizations to stay on top of the numerous new risks and attacks that emerge as the internet and technological usage increase. AI-powered cybersecurity is expected to change how we respond to cyber attacks. Because of its capacity to study and learn from enormous volumes of data, artificial intelligence will be crucial in identifying sophisticated threats.
The onshoring and buildout of dozens of fabs, many costing tens of billions of dollars, is beginning to spill over into other areas that are critical for chip manufacturing. Materials, in particular, which often gets little attention outside of chip manufacturing, witnessed a big spike in September 2022. In fact, seven materials companies covered in this report made up more than a third of the month's total reported investments, with three of the companies garnering more than $200 million. Other investment targets were sputtering equipment and evaporation materials for deposition, high-purity polycrystalline silicon, fluorine-containing electronic gases, and silicon carbide. In the AI hardware arena, numerous startups are focusing on in-memory and near-memory compute, reducing the volume of data that needs to be moved back and forth between memory and processing elements. Novel architectures also are appearing, such as one that uses sparse mathematics.
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It seems like artificial intelligence is everywhere. No longer the stuff of Ridley Scott and Stanley Kubrick flicks, AI has rapidly wormed its way into everyday news coverage and real-world business conversations. Since last April alone, the amount of published articles, blog posts and multimedia content featuring the words "AI" or "Artificial Intelligence" has more than doubled, according to Factiva. Talk of AI often centers around life-altering technological advancements such as driverless vehicles or genomic medicine. But the ad and marketing tech industry, always willing to capitalize on a trend, has joined in with a flood of new digital ad and marketing platforms and services branded as AI-fueled technologies.
As someone who spends an unfortunately significant amount of time on Facebook, there are so many things I would like to see less often. Facebook's parent company Meta has now, decades after its platform was released to the public, given us that option. What we see in our Facebook feed is often fueled by the much-criticized algorithm. For instance, if you like a bunch of hiking Groups and Pages, interact with a ton of photos of the outdoors, and post about your backpacking adventures, you might be met with more recommended posts from creators and communities related to hiking. As Facebook puts it, "what you see in your Feed is uniquely personalized to your interests through machine learning."
Google Cloud is bringing its expertise in vision-based artificial intelligence to the healthcare industry with the launch of its new Medical Imaging Suite today. Vision AI has the potential to make a massive impact in healthcare. Medical imaging is one of the most critical tools used by hospitals to diagnose patients, and each year billions of images are made by clinicians to help them understand why people are sick. Google said medical images are so important that they account for about 90% of all healthcare data. The problem doctors have is that medical images are complex, as it takes expertise to look at one and understand if the patient is inflicted with some kind of disease. Until now, that has always meant human expertise.
Global AI-powered Order-to-Cash platform, Sidetrade, announced an acceleration to its North America offensive strategy with plans to invest $24 million and add 110 full-time jobs in Calgary over the next three years. Just one year since the launch of its North America operations, Sidetrade has exceeded expectations with 58% of its new bookings now from the North America market. The SaaS provider has been recognized by Gartner as one of just three Leaders in the 2022 Magic Quadrant for Invoice to Cash applications. Sidetrade is now accelerating its expansion into North America by investing $24 million in the next three years and hiring in the region. Brad Parry, President and CEO of Calgary Economic Development, said: "Sidetrade's expansion in Calgary as its North American headquarters speaks to the city's leading business environment and the exciting momentum in our tech and innovation ecosystem. Alberta and Calgary are centres for AI excellence with highly skilled talent, and as a global leader in AI, Sidetrade joins a growing roster of multinational companies that call Calgary home, where bright minds with big ideas are solving global challenges."
Regardless of the official title, it's essentially a second Prime Day, which marks the first time Amazon has hosted two Prime Day-esque events in the same year (the first fell on July 12 and 13 in 2022). During the first Prime Day, we saw record-low prices on Amazon devices, including Kindles, Echo speakers and hubs, Fire tablets, Blink cameras, and more. While the second Prime Day hasn't officially kicked off yet, we're already seeing those record-low prices resurface (with some reaching new all-time lows). Note: We're updating this page constantly, so check back often. All newly added deals are marked with a, while deals with a strikeout were either sold out or no longer available at their sale price when we last looked. Anything marked with a has dropped to an all-time low price.