🚨 Microsoft's AI Investments Generate $10B

Today's AI News lineup: 🥊

• 🚨 Microsoft's AI Investments Generate $10B

• 🎙️ AI Revives John Lennon's Voice for New Beatles Album

• 🖼️ Meta Platforms Unveils 'Human-like' Image AI

Read time: 7 minutes 🕒

🚨 Microsoft's AI Investments Generate $10B

Microsoft CFO, Amy Hood, declared on Monday that the company's AI-powered services, including those backed by OpenAI, will contribute a minimum of $10 billion to the firm's revenue. While the exact timeline remains undisclosed, she expressed optimism about this next-gen AI business being their fastest growing $10 billion business.

The company has invested heavily in AI technology, including billions in OpenAI, and spent $1.2 billion on a supercomputer for running the AI startup's models. Profits from OpenAI's businesses are expected to significantly boost Microsoft's earnings.

Microsoft has integrated new features supported by OpenAI's large-language models across its software suite, such as Bing's chatbot and automated content generation tools in Office 365, for which premium charges apply. Microsoft also resells OpenAI’s software to its Azure cloud platform customers.

🎙️ AI Revives John Lennon's Voice for New Beatles Album

More than 40 years after his death, AI technology has managed to isolate John Lennon's voice from an old, low-quality cassette recording.

This was done as part of the process of creating what is believed to be the last Beatles record, based on a demo by Lennon.

His 'purified' voice, extracted by the AI, will be featured in the mix of the upcoming release.

🖼️ Meta Platforms Unveils 'Human-like' Image AI

Meta Platforms announced Tuesday its plan to grant researchers access to a new AI model dubbed I-JEPA.

This 'human-like' AI is said to outperform its predecessors in image completion tasks, using background knowledge about the world to fill in missing portions of images instead of relying solely on adjacent pixels.

The AI, developed under the guidance of Yann LeCun, Meta's top AI scientist, aims to minimize common AI-generated image errors such as extra fingers on hands.

Meta, the owner of Facebook and Instagram, has a history of open-sourcing AI research, encouraging innovation, identifying safety gaps, and reducing costs.

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