In today’s newsletter:

• News - 🎥 Adobe’s Jaw-Dropping AI Hack to Fix Your Footage!

• Productivity - ⏰ Reclaim Your Day: Smarter Scheduling, Less Hassle!

• Culture - 🎬 Morgan Neville Swears Off AI in New Pharrell Documentary

Check out our Meme of the Day at the bottom of the newsletter for your daily dose of AI-powered humor!

🎥 Adobe’s Jaw-Dropping AI Hack to Fix Your Footage!

Adobe is diving deeper into generative AI with its new Firefly Video Model, now available in beta across several tools, including Premiere Pro. The highlight? A new feature called Generative Extend, which lets creators tweak footage by extending clips by up to two seconds, fixing minor issues like shifting eye-lines or extending ambient sound. This AI tool is perfect for small adjustments that would otherwise require reshoots, and it's just one of the many exciting updates Adobe announced at its annual MAX conference.

Alongside video tools, Adobe is rolling out generative AI updates across Photoshop and Illustrator, powered by its Firefly Image 3 model. Photoshop now offers a generative workspace and better removal tools for cleaning up photos, while Illustrator introduces new time-saving features like Objects on Path for aligning elements more efficiently. Adobe’s push into generative AI, coupled with its focus on “commercially safe” models, shows it's eager to help creators work faster and smarter while ensuring ethical use of AI in its products.

🗞️ In Other News…

• Google has committed to purchasing power from seven small nuclear reactors to be built by Kairos Power, aiming to meet its growing electricity demand for AI and help revitalize the U.S. nuclear industry with a focus on clean, round-the-clock energy.

• The U.K. government announced a combined £6.3 billion investment in data centers from four U.S. tech companies—CyrusOne, ServiceNow, CloudHQ, and CoreWeave—highlighting the growing demand for AI-driven cloud infrastructure and services overseas.

• AMD's strong AI processor sales have exceeded expectations, but despite impressive growth, it still faces stiff competition from Nvidia and other AI chip makers, with a need to secure a larger share of the AI market amid increasing demand for AI infrastructure.

• Meta has unveiled Movie Gen, a suite of AI models for generating and editing realistic videos from text, aimed at filmmakers and content creators, with plans to integrate the tools into its platforms next year while addressing concerns over copyright and deepfakes.

• Character.ai is shifting its focus from building large AI models to enhancing its popular consumer chatbots, following a $2.7 billion deal with Google, while maintaining its AI research and aiming to grow its user base and revenue through subscriptions.

⏰ Reclaim Your Day: Smarter Scheduling, Less Hassle!

Reclaim is an AI-powered calendar app that helps anyone get more organized and efficient with their time. Whether you’re managing your own schedule or coordinating for a team, Reclaim automates tasks like scheduling, rescheduling, and prioritizing meetings. It ensures your important tasks, meetings, and even breaks are automatically prioritized around your existing commitments, taking the hassle out of finding time.

Reclaim also protects time for deep work, travel, and personal routines like exercise. With automatic rescheduling when priorities shift and built-in time tracking, you can easily see where your time is going and make smarter adjustments. It’s the perfect tool to help you reclaim your day and balance work with life.

🎬 Morgan Neville Swears Off AI in New Pharrell Documentary

Back in 2021, Morgan Neville thought using AI to recreate the late Anthony Bourdain’s voice for his documentary would be a quirky Easter egg. Instead, it blew up in his face, sparking backlash and turning him into an accidental canary in Hollywood’s AI coal mine. Fast forward to his latest project, Piece by Piece, and Neville has completely sworn off the tech. “I haven’t used AI since, and I won’t,” he says. Misinformation, especially in storytelling, is something he takes seriously—AI’s potential misuse has only cemented his stance.

His newest documentary, Piece by Piece, focuses on Pharrell Williams, telling the producer’s story through interviews and Lego animation. Though creative, Neville’s approach is decidedly AI-free. He painstakingly avoided it, even when constructing a soundbite from Carl Sagan’s voice, choosing to edit real syllables rather than rely on AI. For Neville, the evolution of AI has only made it scarier, and he’s committed to exploring new, human-driven ways to tell stories.

VC Fundraising Rounds

• CoreWeave, an Nvidia-backed AI startup that provides companies with GPU rental services, announced on Friday that it has secured a new $650 million credit line to support the growth of its business and data center network. (10/11/24)

• Liner, a South Korean AI search startup, announced on Friday that it has raised 270 billion won ($200 million) in a Series B funding round. (10/11/24)

• Cytovale, a medical diagnostics company specializing in early detection technologies for rapid and immune-mediated diseases, announced it has secured $100 million in Series D funding. (10/10/24)

• Suki, a startup developing AI-powered assistants to streamline tasks in the healthcare industry, announced it has raised $70 million in a Series D funding round. (10/10/24)

• Noetica AI, a New York City-based company offering an AI-driven platform for benchmarking deal terms, has raised $22 million in Series A funding. (10/10/24)

Meme of the Day

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