Meta announces, but does not release, new AI video generation, image editing tools

Top stories today:
- Meta announces new AI video generation, image editing tools
- Google Gemini likely delayed until Q1
- X Job Search goes live
- YouTube announces music-generating AI tools
0. Data and calendar

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

All times are ET.
1. Meta announces, but does not release, new AI video generation, image editing tools
Emu Video generates 512Γ512px, 4-second videos at 16 frames per second:
96% of respondents prefer Emu VideoΒ vs. Meta's previous model, Make-A-Video.
βWe're working on integrating these creative editing capabilities into video and photos for Facebook and Instagram,β wrote CEO Mark Zuckerberg.
Emu Edit's editing capability is something that OpenAI's DALL-E cannot yet do
2. Google Gemini likely delayed until Q1
It is still likely to beat GPT-4's capabilities, according to prediction markets:
Unclear whether Gemini today is better than GPT-4, according to a source.
Longer memory vs. Bard, although ChatGPT may launch something similar soon.
Sergey Brin works in the office 4-5 days/week on Gemini.
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4. X Job Search goes live
No easy-apply: job applications still need to be manually done on the employer's website.
5. YouTube, Google Deepmind announce music-generating AI tools
Dream Track produces songs for Shorts based on text prompts:
9 artists available: Alec Benjamin, Charlie Puth,Β Charli XCX, Demi Lovato, John Legend, Papoose, Sia, T-Pain, and Troye Sivan.
Released only for a βsmall group of select US creators.β
Their AI tools will make it easier to transform audio from one instrument to another
Based on Deepmind's Lyria model.
6. 27% of AI experts say deep fake indistinguishable from real content
Most point to Google, OpenAI doing the most innovative work in AI
7. Interesting videos, posts, and memes
8. Other headlines
AI
Menlo Ventures raises $1.35B, to focus on AI investments.
Windows 10 getting AI Copilot soon.
AI girlfriend CarynAI's CEO arrested on arson charges.
Tech
Meta's AR glasses may use MediaTek chips, 1st version in 2025.
TikTok's Chinese sister app Douyin testing paywall.
Apple's goal of replacing Qualcomm chips delayed to mid-2025+.
RCS support coming to iPhone in 2024, in green bubbles.
Amazon to allow cars to be sold on site, starting with Hyundai.
Web Summit: 2 startups reject their VC money after ex-CEO's remarks.
UPS's new warehouse to have 3,000 robots, 200 people.
SpaceX expects Starship's 2nd launch attempt on Sat.
guidde: magically create video documentation with AI.*
Signal spending $50M/year to keep non-profit going.
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Tech & law
Windows 11 to allow removal of Bing, Edge due to EU's Digital Markets Act.
IBM suspends ads on X after Elon's controversial comments.
Biotech
FDA commissioner Woodwock to retire in early 2024.
Weight loss drugs that preserve muscle: the new goal.
Alzheimer's: is removing amyloid early the key?
Business
Alibaba's revenue +9% to $31B, stock -9% as cloud IPO shelved.
Jack Ma to sell ~$900M in stock.
Amazon rollup Thrasio preps for bankruptcy after raising $3.4B.
Munger: βdon't think there's slightest chanceβ of Buffett insider trading.
Rupert Murdoch praises son Lachlan in AGM opening speech.
Crypto
IOSCO unveils regulatory framework proposals.
Tether to invest $500M in Bitcoin mining.
Ramaswamy shares crypto plan, including firing most of SEC.
Proton Mail introduces address verification: blockchain, not crypto.
Coinbase improves Commerce product with Onchain Payment Protocol.
Magic: unleash the future of customer loyalty.*
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U.S. politics
Biden signs bill extending funding into Jan. 19, with no Israel, Ukraine aid.
Says Newcom βcan have the job I'm looking for.β
Trump has gag order lifted by Appeals Court, criticizes judge, clerk.
Hunter Biden's uncle, James, receives subpoena in LA grand jury probe.
George Santos not to run for reelection after Ethics Committee report.
World
UN force plan met with skepticism by Israel.
PA could rule Gaza with βsignificant reformsβ: Israeli official.
Southern Gaza could be next step for IDF as leaflets are dropped.
Damascus area hit by airstrikes: Syrian state media.
Netanyahu: tunnels, command center found in Shifa hospital complex.
AWRAD poll: 76% of West Bank, Gaza residents support Hamas.
TikTok removes videos promoting Bin Laden's justification for 9/11.
Celebrities, influencers confront execs in private call.
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