Microsoft, Amazon AI partnerships face scrutiny from British regulators
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First major AI music video divides fans: "creepy" or "artistic leap"?
Yesterday Indie pop artist Washed Out (Ernest Greene, who did the Portlandia theme song) released what The Los Angeles Times calls "the first collaboration between a major music artist and filmmaker on a music video using OpenAI's Sora text-to-video technology." The four-minute video for his new song, "The Hardest Part," depicts a stylized narrative of a couple's life journey — all without using any real actors or filming on location. — Read the rest
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Hyped Rabbit R1 AI device faces harsh criticism in first reviews
The Rabbit R1 uses what its maker calls a large action model (LAM) to learn how to perform and complete app-based tasks on behalf of its user. A personal assistant, basically, but a lot more advanced. The device's CES appearance proved so popular that 10,000 units were sold in pre-orders.Read Entire Article
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Regulators Close Republic First Bank, First US Bank Failure This Year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which […]