OpenAI starts off the holidays early with 12 days of minor and major product releases and demos, and they're starting strong on day one with the release of the full version of its flagship o1 reasoning model. Other key highlights include:
- Donald Trump electing former PayPal executive David Sacks as the White House's AI and crypto "czar"
- Amazon announcing a slate of new multimodal foundational models called Nova
- OpenAI potentially looking into letting ads seep into its products in search of additional revenue streams
Join us at AI Tangle as we untangle this week's happenings in AI!
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OpenAI's and company CEO Sam Altman's Christmas spirit seems to have arrived early as the company wishes happy holidays and kicks off what it calls a 12-day-long "shipmas" period starting on December 5th. Sam Altman himself confirmed the shipmas period onstage at The New York Times' DealBook conference, though other than light teasing, he didn't say exactly what was coming. However, a day has passed since that announcement, and OpenAI's first present may be the biggest gift of all - the full o1 model.
But there's a little more than just o1
OpenAI's first gift was the release of the full version of its flagship reasoning model, o1, thus finally bringing it out of its "preview" phase and replacing it entirely, which was initially released as a mere limited preview. However, this announcement also came "o1 pro mode," a specialized, fine-tuned version of o1 with access to even more compute, locked behind an entirely new paywall for enthusiasts - the $200/month ChatGPT Pro subscription. Though the price-to-performance hike from ChatGPT Plus to Pro for o1 pro mode may only be worth it to companies, scientists, and researchers, the full o1 model blows the preview version out of the water, including models recently unveiled by Chinese companies.
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As announced in a post on Truth Social on Thursday this week by President-elect Donald Trump, venture capitalist, podcaster, and former PayPal COO David Sacks has been appointed as the "White House A.I. & Crypto Czar." Sacks will oversee US policies on AI and cryptocurrency, including creating a crypto legal framework and advising on science and technology. Despite earlier criticism following the January 6 Capitol riots, Sacks has become a prominent Trump supporter as of late, reflecting Trump's ties to Silicon Valley backers of his campaign.
Amazon has unveiled an array of new AI foundation models called "Nova" for text, image, and video generation, at its annual AWS (Amazon Web Services) re:Invent conference. CEO Andy Jassy highlighted the need for improvements like lower costs, faster speeds, and fine-tuning capabilities to compete with rivals like Adobe, Meta, and OpenAI. Notable features include Nova Reel for six-second videos, Canvas for text-to-image generation, and watermarking to prevent misuse. Amazon also announced plans for multimodal AI and a revamped Alexa assistant.
According to OpenAI's CFO Sarah Friar during an interview with the Financial Times, OpenAI could be considering incorporating advertising into its offerings in search of new revenue streams. While the company's current focus is on growing its existing business model, Friar acknowledged in the previously mentioned interview that advertising might be explored in the future, leveraging expertise from team members who worked at firms like Instagram, such as CPO Kevin Weil. However, Friar later clarified that OpenAI has "no active plans" to pursue ads, yet with competitors like Perplexity piloting AI-driven advertising, the shift may already slowly be underway.
First unveiled back in May, Google has recently launched Veo, its generative AI video model, ahead of OpenAI's eventually-to-be-released Sora product. Veo can create "high-quality" 1080p videos in various styles from text or image prompts, now without specific length restrictions. Veo is available in private preview via its Vertex AI platform, and Google's Imagen 3 text-to-image generator will also expand its availability to all Google Cloud customers next week. Both tools feature safeguards against harmful content and Google DeepMind's SynthID watermarking.
Also as part of its Amazon re:Invent event, AWS announced the Education Equity Initiative to bring the latest in AI and tech to educational organizations for them to build tools with. To this end, AWS is contributing $100 million worth of cloud credits over the next five years. The company has already run pilots with 50 organizations, such as India-based Rocket Learning and non-profit Code.org, from 10 different countries, and will be running alongside existing AWS programs like Future Engineer and the AI/ML Scholarship program.
Cleerly, a cardiovascular imaging startup, looks to take a jab at revolutionizing the detection of the US' leading cause of death, heart disease, by using AI to analyze CT scans for early-stage coronary artery disease, the underlying condition. Founded by cardiologist James Min in 2017, Cleerly is conducting a multi-year clinical trial to prove its AI is more accurate than current methods like blood pressure or cholesterol tests. Now, after having raised $106 million in a Series C extension round and adding Insight Partners as an investor, Cleerly is showing significant growth potential.
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Is AI Signaling The Downfall of Human Creators in The Music Industry? (3-min read)
As AI roots itself further and further in the creative departments, a global economic study finds that technology like AI could cut the income of human creators in music and audiovisual by more than 20% as soon as 2028, and that it's up to policymakers to race against time.
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