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  • Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAI’s Sora

Dec 17, 2024

Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAI’s Sora

Bay Area Times
Bay Area Times

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Top stories today:

  1. Google DeepMind unveils Veo 2, saying it outperforms OpenAI’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. China’s Temu remains most downloaded free app on U.S. App Store
  6. Meta’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 today’s newsletter (beware of the few hallucinations):

1. Google DeepMind unveils Veo 2, AI video model, saying it outperforms OpenAI’s Sora

Google DeepMind.

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

  • Behind a waitlist, unlike OpenAI’s Sora.

  • Later: Vertex AI will provide access to Veo 2 “as the model becomes ready for use at scale.”

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

Relatedly, Google has introduced Whisk AI tool to “remix” 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 Group’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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