Rapid Advancements in AI Video Generation Tools Show Me the Money
How Emerging Generative Video Capacities Will Transform Business Unlocking New Productivity Frontiers Across Industries Driving Innovation, Efficiency Gains in Supply Chain, HR, and Beyond Early Ad
Show Me the Money: How Generative AI Delivers Business Value
- SAP integrates generative AI into supply chain, HR, and financial solutions
- Automated freight processing saves $1M annually for a warehouse
- Delta Airlines uses AI-powered skills assessments to align talent and promote internally
- Predictive analytics in collections management nets $2.9M more annual earnings for a consumer goods company
- Generative AI assistant Joule saves users time, answering questions 10 mins faster
- More AI developer tools coming in 2024 to transform business operations
Sofinnova Partners Launches AI Platform to Revolutionize Life Sciences Investing
- Sofinnova.AI integrates computational power and proprietary data
- Database tracks 90M authors, 40M publications, 100K institutes, 4.5M patents, 450K trials
- Proprietary analysis tools enable efficient queries across massive data
- Pinpoints emerging innovations with unprecedented speed
- Enhances investment strategies and relationships with entrepreneurs
- €2.5B under management signals intent to lead life sciences innovation
Maximizing Google Bard: New Features and Capabilities
- Extensions integrate Bard with YouTube, Maps, Workspace
- Summarizes YouTube videos' key takeaways from transcripts
- Audio responses enable hands-free experience
- Summarizes recent emails from specified senders
- Analyzes images and extracts data into summaries and spreadsheets
- Modifies responses to be more concise, detailed, simple, casual, or professional
- Public link sharing spreads impactful content
- Suggests hotel accommodations through Google Hotels integration
- Customizations like dark mode and real-time responses improve experience
- Continued enhancements promise more intuitive, integrated workflows
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Rapid Advancements in AI Video Generation Tools
A wave of new AI video generation tools promises unprecedented creative control, consistency, and ease of use. Runway's motion brush now enables animating specific image regions, while its expansive camera motion presets facilitate dynamic video compositions. Additional players like Stability AI's Stable Diffusion and Picsart's new Pika 1.0 offer strong baseline video generation, but trailblazing features set them apart.
Pika 1.0 introduces game-changing video inpainting and outpainting to add or remove elements post-render. Outpainting fills expanded canvases beyond the initial aspect ratio, while inpainting permits tweaking colors or details in isolated footage regions. These granular editing capabilities hugely boost output customization. Pika also enables converting uploaded videos to entirely new scenes based on text prompts.
Other innovations promote character consistency across generated videos. Papers like VideoBooth Diffusion construct persistent 3D models from reference images that carry visual identity across varied prompts. Similarly, Animate Anyone and Magic Animate reenact human motions in uploaded images, while better retaining wardrobe, hair and facial likeness. Smoother scene transitions also come courtesy of models like SEINE diffusion.
Looking ahead, TikTok owner ByteDance collaborates on research like Magic Dance and Magic Animate, suggesting mobile apps may soon integrate advanced generative video. Tools facilitating customizable character rigging and motion capture like Mootion and Story-to-Motion point towards more automated animation pipelines as well.
Rapid iterative progress creates challenges curating the overwhelm of new options, but sites like Future's AI Video Editing dashboard track the latest. While hype outpaces accessibility for now, flaky initial results still showcase monumental potential. Within months, creators without intensive technical or artistic expertise can explore unprecedented video invention, savings massive time and costs. As platforms democratize these capacities, generative video promises a creative leveling of the playing field.
Show Me the Money: How Generative AI Delivers Business Value
While hype around generative AI abounds, business leaders want to see actual financial returns before adopting the technology. However, early use cases demonstrate generative AI's potential for major productivity improvements and cost savings. For example, SAP has integrated generative AI into solutions for supply chain, human resources, and financial operations. Automated freight processing delivers nearly $1 million in annual savings for a single customer warehouse. Delta Air Lines uses generative AI-powered skills assessments to align talent, remove unnecessary degree requirements, and promote internally. SAP’s collections management solution with predictive analytics helps a consumer goods company realize $2.9 million more earnings per year. Additionally, SAP’s new generative AI assistant, Joule, saves users time by answering natural language questions 10 minutes faster on average than manual analysis. As SAP launches more AI developer tools in 2024, businesses can expect increasing returns from generative AI across operations. While hype persists, use cases prove generative AI translates directly to the bottom line.
Sofinnova Partners Launches AI Platform to Revolutionize Life Sciences Investing
Paris-based venture capital firm Sofinnova Partners has unveiled Sofinnova.AI, an artificial intelligence platform integrating advanced computational capabilities with the firm's 50 years of industry expertise and proprietary data on early-stage life sciences companies. With a database tracking over 90 million authors, 40 million publications, 100,000 institutes, 4.5 million patents, 450,000 trials, and 2 million companies, Sofinnova.AI pinpoints emerging research and innovations at unprecedented speed. Proprietary analysis tools, including a large language model akin to ChatGPT, allow efficient queries across massive data. Sofinnova believes Sofinnova.AI will enhance investment strategies by enabling more efficient opportunity evaluation and strengthened relationships with entrepreneurs. With €2.5 billion under management, the launch of Sofinnova.AI signals the firm's intent to remain at the forefront of life sciences innovation.
Maximizing Google Bard: New Features and Capabilities
Google's new conversational AI system Bard has rapidly evolved with constant updates, gaining powerful new features. Users can now enable extensions to integrate Bard with Google services like YouTube, Google Maps, and Google Workspace. Analyze videos by inputting a YouTube link and asking for insights; Bard will summarize key takeaways after reviewing transcripts. Audio responses allow a hands-free experience, with Bard reading answers aloud.
Leveraging Google account integration, users can even ask about recent emails by specifying the sender and timeframe. Summarization helps parse long email chains efficiently. Bard's multimodal abilities also support analyzing images, extracting graphs and visual data into summaries and spreadsheet-exportable tables. Flexible response modification caters outputs to be more concise, detailed, simple, casual or professional. Public link sharing lets users spread impactful Bard-generated content easily.
Additional capabilities tap Google's real-time data. Bard can suggest accommodations on specified travel dates through Google Hotels, factoring preferences like price filters. Behind the scenes, interface customizations allow dark mode for easier reading and real-time response generation for organic conversations.
With so many new features maximizing Bard's potential, users should continually reassess how Bard can assist their unique needs. As Google continues enhancing the AI, more intuitive and integrated support across workflows is on the horizon. For now, Bard already delivers as a powerful productivity- multiplying personal assistant.
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