Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch


Key Points
  • Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos from images.
  • When prompted with text and images, Vidu’s new AI feature can combine three pictures — such as a shirt, person and moped — into a video of the person wearing the shirt and driving the moped through a scene, Shengshu said.
  • The AI video generator is already making money from advertisers, animators and other businesses, Shengshu co-founder and CEO Jiayu Tang said in Mandarin, according to a CNBC translation.



Source

Markets are sure the Fed will cut in September, but the path from there is much murkier
Finance

Markets are sure the Fed will cut in September, but the path from there is much murkier

Key Points Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates. The implied probability for another cut in October was just 42%. That second cut is about fully priced in for December, but there’s just a 33% expectation for three total […]

Read More
Insider report: The stocks with the biggest recent sales by executives from Circle Internet, Zillow, Applovin and more
Finance

Insider report: The stocks with the biggest recent sales by executives from Circle Internet, Zillow, Applovin and more

A flurry of stock sales were made in names such as Circle Internet Group and Zillow Group last week as company executives and other corporate insiders offloaded their shares. Insider selling is followed by traders who expect the activity could point to deeper troubles at a company, though the motivations can vary. VerityData tracks the […]

Read More
Stocks making the biggest moves midday: Vital Energy, SolarEdge Technologies, RH & more
Finance

Stocks making the biggest moves midday: Vital Energy, SolarEdge Technologies, RH & more

Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear, […]

Read More