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  • Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAIโ€™s Sora

Dec 17, 2024

Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAIโ€™s Sora

Bay Area Times
Bay Area Times

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Top stories today:

  1. Google DeepMind unveils Veo 2, saying it outperforms OpenAIโ€™s Sora
  2. Trump, Masayoshi Son announce $100B investment from SoftBank
  3. TikTok CEO reportedly meets Trump as company fights ban
  4. OpenAI expands ChatGPT Search to take on Google, Perplexity
  5. Chinaโ€™s Temu remains most downloaded free app on U.S. App Store
  6. Metaโ€™s Threads crosses 300M monthly, 100M daily active users

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing todayโ€™s newsletter (beware of the few hallucinations):

1. Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAIโ€™s Sora

Google DeepMind.

  • Veo 2 currently can generate 8-second clips at 720p on VideoFX.

  • Behind a waitlist, unlike OpenAIโ€™s Sora.

  • Later: Vertex AI will provide access to Veo 2 โ€œas the model becomes ready for use at scale.โ€

  • Google says Veo 2 will generate 2-minute+ clips in 4K, 6x longer and 4x higher-res than Sora, but thatโ€™s theoretical and not at this time.

Relatedly, Google has introduced Whisk AI tool to โ€œremixโ€ images

YouTube: Google.

  • Combines the updated Imagen 3 with Gemini's visual understanding and description.

  • Gemini writes a detail caption of the image shared.

  • Imagen 3 generates a new image based on the caption.

  • Limited to the U.S. initially.

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3. Trump, Masayoshi Son announce $100B investment in U.S. from SoftBank

  • 4-year investment pledge.

  • 100K jobs are aimed to be created, focused on AI and related infra.

  • Echoed the $50B, 50K jobs promise Son made in 2016.

  • $27B cash is on SoftBank Groupโ€™s balance sheet as of Sep. 30.

  • Vision Fund 2 also has $3B left to deploy.

4. TikTok CEO reportedly meets Trump as company fights ban in Supreme Court

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