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News on Medial
AI film festival gives glimpse of cinema's future
Economic Times
·
1y ago
Medial
An AI film festival organized by Runway AI showcased 10 short films out of nearly 3,000 entries. The festival highlighted the storytelling possibilities of AI-powered video generation, with each film offering unique aesthetics and narratives. The use of AI technology allows for lower-budget film production and accessibility to a wider range of creators. However, the current limitations include the inability to create realistic human characters and flaws in AI-generated visuals. Despite these challenges, the emerging field of AI filmmaking is seen as a potential disruptor in the industry, sparking concerns among traditional Hollywood professionals.
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Ancestra makes the AI film hype feel pretty premature.
The Verge
·
1m ago
Medial
Director Eliza McNitt's short film "Ancestra," produced by Darren Aronofsky’s Primordial Soup and Google DeepMind, uses generative AI to depict a woman's challenging childbirth. The project aims to showcase AI's potential in video generation, yet its impact feels premature. The film intends to demonstrate the capabilities of AI in storytelling, although its effectiveness remains debatable. Viewers are encouraged to form their own opinions on the outcome and its implications for future AI-generated narratives.
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OpenAI valued at $80 billion following deal that allows staff to cash out their shares, report says
Business Insider
·
1y ago
Medial
OpenAI, the AI firm, has completed a deal that values the company at $80 billion or more. The deal, led by venture capital firm Thrive Capital, involves a tender offer allowing OpenAI employees to sell their shares in the company. This follows a previous deal that valued OpenAI at $29 billion. OpenAI has been a key player in the AI industry and recently unveiled its latest AI tool, "Sora," which generates realistic videos based on text prompts. The company aims to gather external feedback and give the public a glimpse of future AI capabilities.
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AI Can Transform Fintech Sector But Is Not Being Used Enough: Peak XV’s Shailendra Singh
Inc42
·
11m ago
Medial
Peak XV Partners managing director Shailendra Singh highlighted the lack of AI implementation in India's fintech sector. CRED founder and CEO Kunal Shah emphasized the need for CEOs to take on the role of Chief AI Officer to promote growth in fintech. Both Singh and Shah shared their insights during a session on the future of fintech at the Global Fintech Festival (GFF).
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US is turning its back on the world with or without Trump
Money Control
·
1y ago
Medial
The current crisis in US foreign policy is not just a concern if Donald Trump is re-elected in November but is already occurring as the US struggles to provide aid to Ukraine. The lack of urgency on Capitol Hill to address the situation is worrying, as Russia continues its attacks and Ukraine suffers from a shortfall in US support. This crisis highlights the deeper issue of political dysfunction in the US and raises doubts about America's global role. It also gives a glimpse into what the world could look like if the US fails to provide positive leadership in international affairs.
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Ancestra makes the AI film hype feel pretty premature.
The Verge
·
1m ago
Medial
Director Eliza McNitt’s short film "Ancestra," produced by Darren Aronofsky’s Primordial Soup and Google DeepMind, explores the potential of AI-generated video. The film tells the story of a woman experiencing a challenging birth, showcasing generative AI technology. Despite the cutting-edge approach, the results suggest AI film advancements may still be premature. The project highlights AI’s growing role in storytelling, but its effectiveness and impact remain debatable. More insights will follow soon.
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GenAI startup NeuralGarage has becomes first Indian startup to win SXSW Pitch competition
Economic Times
·
4m ago
Medial
GenAI startup NeuralGarage became the first Indian startup to win the SXSW Pitch competition with its VisualDub technology, addressing visual discord in dubbed content by syncing lip movements with audio. The SXSW Conference & Festival in Austin, Texas, is a prestigious event celebrating technology, film, and culture. NeuralGarage's win highlights the significance of VisualDub in content localization, a long-standing industry challenge. The event featured top Hollywood personalities and significant global industry participation.
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Democrat teams up with movie industry to propose website-blocking law
Arstechnica
·
6m ago
Medial
US Representative Zoe Lofgren proposed the Foreign Anti-Digital Piracy Act, allowing copyright owners to obtain court orders to block access to foreign piracy websites through ISPs. While supported by the film industry for reducing piracy, consumer advocacy groups criticize it as a censorship tool. They argue it gives excessive power to copyright holders and risks a global internet block. The law targets large broadband providers, exempts VPNs, and claims to respect the First Amendment.
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The problems lurking in Hollywood’s historic AI deal
Wired
·
1y ago
Medial
Critics in Hollywood are concerned about the film industry's historic AI deal, as it allows for the creation of digital replicas and synthetic performers, potentially leading to fewer job opportunities for actors and crew. The agreement has caused dissent within the industry, with 14 percent of the national board of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) voting against it. The provisions for AI-generated clones and synthetic performers have raised fears about the future of human actors in Hollywood.
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Companies sponsor influencers to create content at global events
Livemint
·
25d ago
Medial
Brands are increasingly sponsoring content creators to attend high-profile events like Wimbledon and the Cannes Film Festival to enhance engagement and create real-time, relatable content for fans. Influencers are thus becoming essential ambassadors, with companies like JioStar, Warner Bros, and Heineken leading the trend. For instance, comedy content creator Sakshi Keswani was flown to London to cover Wimbledon, highlighting the growing significance of influencers in event promotion and brand strategy on social media platforms.
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Join The Verge at the 2024 Chicago Humanities Spring Festival
The Verge
·
1y ago
Medial
The Verge is partnering with the Chicago Humanities Festival for a day of discussions on the intersection of art and artificial intelligence. The Verge's sessions will cover topics such as the impact of AI on the art world, the challenges of distinguishing AI-generated content from human-made art, and the legal implications of AI in the creative industry. The event will take place on April 13th in Chicago, and tickets are available for purchase. The festival aims to bring humanities ideas to a wider audience and promote the exploration of what it means to be human.
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