AI Axe Falls On Tech, Anthropic’s Lightspeed Raise, Firefly Video, Anduril Takes On Army’s XR Contract

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AI Axe Falls On Tech, Anthropic’s Lightspeed Raise, Firefly Video, Anduril Takes On Army’s XR Contract
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AI Layoffs at Google & Meta, Anthropic’s $60B Valuation, Adobe’s Firefly Video Model, Anduril Takes Over Microsoft’s AR, and AI in the Super Bowl

The pain is spread worldwide and will affect several thousand employees, many of whom earn mid-six figure salaries. While technology jobs are among the first impacted by AI-powered workforce reduction, these workers still have their pick of repalcement jobs. AI makes good programmers great programmers. And great programmers do the work of two or more people.

Palmer Luckey's defense company, Anduril Industries, is set to assume control of Microsoft's Integrated Visual Augmentation System program for the U.S. Army. Pending Department of Defense approval, Anduril will oversee production, future hardware and software development, and delivery timelines. Microsoft Azure will serve as Anduril's preferred cloud for AI workloads.2024 at the Barker Hangar in Santa Monica, California on September 17, 2024.

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Adobe’s AI Video Model Launches, Available Through New Premium Firefly Video/Audio PlansAdobe’s AI Video Model Launches, Available Through New Premium Firefly Video/Audio PlansAdobe's Firefly Video Model is now available, including through a new web application. Adobe also unveiled new paid Firefly plans.
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Adobe Firefly Video Model: The Industry's First Commercially Safe AI Video GeneratorAdobe Firefly Video Model: The Industry's First Commercially Safe AI Video GeneratorAdobe launches its Firefly Video Model, a text-to-video AI tool designed to be both creative and commercially viable. The model offers various capabilities, including generating videos from text prompts, controlling shots with camera angles, and creating professional-quality visuals from 3D sketches. The Firefly Video Model is available in public beta within the new Firefly web application, which also features a multilingual audio and video translation tool. While Adobe emphasizes the safety and commercial viability of its AI tool, concerns remain about its potential for misuse.
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Adobe’s Firefly generative AI video app is now in public betaAdobe’s Firefly generative AI video app is now in public betaJeremy is a Malaysian freelance writer who loves video games and technology. He reports on tech news at Engadget, and his work has been featured on Cloudwards, MyNextTablet, and Quantum Zeitgeist. In addition to competitive gaming, Jeremy enjoys Chinese martial arts and reading. Ask him about Snake from Super Smash Bros. Ultimate.
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Adobe Firefly Video: A Generative AI Stock Footage Solution That Falls ShortAdobe Firefly Video: A Generative AI Stock Footage Solution That Falls ShortAdobe Firefly Video, a generative AI tool for creating short video clips, is positioned as an alternative to stock footage. However, despite its beta launch and monetization, the tool struggles to deliver quality output at its current price points. The review highlights the limitations of the generated videos, such as their low resolution (1080p max), limited duration (5 seconds), and lack of advanced filmmaking techniques. The pricing structure, with tiered subscriptions and unclear future changes, raises further concerns.
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