Howdy!

It’s Barsee, again. Happy Tuesday, AI family, and welcome back to AI Valley 🐶

In today’s edition:

• 🦾 New Open-Source Image Generator > Midjourney

• 🚪🚶‍♂️OpenAI co-founders Schulman and Brockman depart

• 🕵️‍♂️ NVIDIA caught stealing YouTube videos for AI

• 🔍️ Plus trending AI tools and resources

Ready, set, go…

🤖🍨 MAIN SCOOP

🦾 New Open-Source Image Generator > Midjourney

On Thursday, AI startup Black Forest Labs—the folks behind the original Stable Diffusion—announced their launch and dropped their first suite of text-to-image AI models called FLUX.1.

What's the deal?

• It has a whopping 12 billion parameters.

• It can create visuals that rival Midjourney’s and might just beat any other model out there, open or closed source.

• The launch follows a successful seed funding round of $31 million.

Who's Winning?

On comparing it to the three top contenders (Midjourney v6.0, Dall-E 3, and SD3 Ultra), it looks like Flux takes the trophy.

Flux looks great in benchmark tests, but how good do its creations look?

Here’s a comparison between Flux and Midjourney.

Where can we try?

The models are available for testing free on Replicate or HuggingFace.

🦙 Deploy Llama 3.1 Effortlessly with Lambda Cloud *

Lambda is making it easy to deploy Llama 3.1 with a step-by-step tutorial and increased instance availability.

Better yet, Lambda just lowered their on-demand 8x NVIDIA H100 SXM GPU instance price from $3.49 / GPU / hour to $2.99 / GPU / hour.

Affordability and availability are coming right in time to experiment with serving Llama 3.1 using Lambda Cloud.

🚪🚶‍♂️OpenAI co-founders Schulman and Brockman depart

In 2024, it looks like prominent leaders at OpenAI seem to be leaving.

What’s the shakeup?

• John Schulman, one of the co-founders of OpenAI, has left the company for rival AI startup Anthropic.

• OpenAI president and co-founder Greg Brockman is taking an extended leave — through the end of the year — after nine years at the company to “relax and recharge.”

• Another of OpenAI’s cofounders, chief scientist Ilya Sutskever, too left the company in May.

📜 Elon Musk Sues OpenAI Again

On Monday, Elon Musk filed a new lawsuit against OpenAI.

What's the lawsuit?

Musk claims that OpenAI misled him into co-founding OpenAI in 2015 by promising it would be a nonprofit focused on safety and openness, but later shifted to profit-driven goals and AGI development benefiting Microsoft.

What’s the backstory?

• Musk initially sued OpenAI in March.

• OpenAI countered with emails showing Musk agreed to their plans to raise funds and stop open-source releases.

• Musk’s lawyers dropped the lawsuit in June without explanation.

🤖 Figure 02 has been unveiled

Figure, an AI robotics company, unveils its second-generation humanoid, Figure 02, and introduces the highest performing humanoid robot to market.

_{*Indicates our partner’s link}

🔗 USEFUL AI LINKS

TRENDING TOOLS

• Soundraw > generate unlimited music/beats using AI. *

• ChatPlayground > Chrome extension that allows chat with multiple AI models at once.

• Jotify > helps turn complex research into engaging stories and audio content.

• Toolstash > Keep track of all your tools using AI.

HOT FINDINGS / RESOURCES

• How to create brand names that sell with ChatGPT.

• Bursting the AI Bubble.

🤝 THE LATEST IN

TECH

• Neuralink installs its brain implant in a second human patient.

• 10 charts that capture how the world is changing.

• Canva acquires Leonardo.ai.

AI

• OpenAI co-founder John Schulman announces he is joining Anthropic.

• Lambda just lowered their on-demand 8x NVIDIA H100 SXM GPU instance price from $3.49 / GPU / hour to $2.99 / GPU / hour. *

• A fully automated robot dentist performs the world's first human procedure.

• Humanoid robots display realistic emotions using a new AI method.

BUSINESS

• $6.4 trillion has now been erased from global stock markets, per Bloomberg.

• Japan's stock market has suffered the worst losses since 1987.

• Warren Buffett now holds $277 billion in cash. He even sold 50% of his Apple stock.

• Bitcoin close to $50K.

 📰🍨 SIDE SCOOP

🕵️‍♂️ NVIDIA caught stealing YouTube videos for AI

According to 404's explosive scoop, Nvidia has obtained an eye-watering amount of YouTube data to train AI models including its Cosmos deep learning model, a self-driving car algorithm, a "digital human" AI avatar product, and its 3D world-building tool called Omniverse.

But how?

Nvidia also reportedly took pains to hide its activities from YouTube, using dozens of "virtual machines" that automatically changed their IP addresses to avoid detection.

How much data?

NVIDIA has been downloading the equivalent of 80 years of video every day, using up to 30 virtual machines on Amazon Web Services for the task.

What’s NVIDIA’s take?

NVIDIA defended its actions, stating they comply with both the letter and spirit of copyright law.

🔥 DAILY DOSE OF CONTENTS

Some of the recent updates in AI and robotics.

👋 THAT’S ALL FOR TODAY

Thanks for reading.

💡 Help me get better and suggest new ideas at [email protected] or @heyBarsee

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💚 Written and edited by Barsee, Jet, and Akash Thapa.