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With the recent announcement of Sora, AI has been moved into the spotlight once again. OpenAI recently announced its latest text-to-video AI, Sora. In this announcement, they showcased Sora's ability to create highly realistic cinematic videos of prompts. The video of the tweet shows a snowy Tokyo city.
The technology shown will have significant impacts on the industry. As the statement of AI threatening jobs wasn't true already, this release will undoubtedly change how we look at AI. These changes go from our ethical standpoints to the federal laws. Long are the days of Will Smith eating spaghetti. Within only a year of development, AI has reached a point where it is almost impossible to tell what's real and not to the untrained eye. What started as just texts and images has now evolved into videos of the same caliber.
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Nvidia has also been one of the major topics of this week. With the recent release of their quarter earnings, they have shown that they are holding the entire U.S. economy on their backs. In this AI gold rush that we are in right now, many companies have seen the potential of AI that will help them tremendously in cutting costs and employment. As such, they have started to make significant investments in AI. Nvidia, a major player in this new AI market, has been at the forefront.
Nvidia was able to achieve this status with the rise of AI. They became the only supplier in the market that could produce GPU data banks that these AIs needed effectively. In contrast to how important Nvidia is, they could be described as the Taylor Swift for dudes in this industry. This, in turn, resulted in Nvidia becoming the seller of the picks and shovels of this AI gold rush and selling these data banks at almost 16x the cost of manufacturing and producing them. This level of market control has undoubtedly been a significant factor in the company’s recent success. With Nvidia's development and importance to our economy, it can only be described as scary to what AI could be shortly.