Stock Market News

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

2024.10.14 09:12

(Reuters) – Adobe (NASDAQ:) on Monday said it has started publicly distributing an AI model that can generate video from text prompts, joining the growing field of companies trying to upend film and television production using generative artificial intelligence.

The Firefly Video Model, as the technology is called, will compete with OpenAI’s Sora, which was introduced earlier this year, while TikTok owner ByteDance and Meta Platforms (NASDAQ:) have also announced their video tools in recent months.

Facing much larger rivals, Adobe has staked its future on building models trained on data that it has rights to use, ensuring the output can be legally used in commercial work.

San Jose, California-based Adobe will start opening up the tool to people who have signed up for its waiting list but did not give a general release date.

While Adobe has not yet announced any customers using its video tools, it said on Monday that PepsiCo-owned Gatorade will use its image generation model for a site where customers can order custom-made bottles, and Mattel (NASDAQ:) has been using Adobe tools to help design packaging for its Barbie line of dolls.

© Reuters. An Adobe Systems Inc software box is seen in Los Angeles, California, U.S., March 13, 2017. REUTERS/Lucy Nicholson/File Photo

For its video tools, Adobe has aimed at making them practical for everyday use by video creators and editors, with a special focus on making the footage blend in with conventional footage, said Ely Greenfield, Adobe’s chief technology officer for digital media.

“We really focus on fine-grain control, teaching the model the concepts that video editors and videographers use – things like camera position, camera angle, camera motion,” Greenfield told Reuters in an interview.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,050.61 3.63%
ethereum
Ethereum (ETH) $ 2,301.60 15.60%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.35 5.42%
bnb
BNB (BNB) $ 634.06 2.58%
solana
Solana (SOL) $ 169.05 7.46%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.202968 9.11%
cardano
Cardano (ADA) $ 0.778275 7.59%
tron
TRON (TRX) $ 0.261628 4.57%
staked-ether
Lido Staked Ether (STETH) $ 2,298.42 15.52%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 102,828.55 3.67%
sui
Sui (SUI) $ 3.93 4.19%
chainlink
Chainlink (LINK) $ 15.88 6.36%
avalanche-2
Avalanche (AVAX) $ 23.06 10.68%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,758.11 15.46%
stellar
Stellar (XLM) $ 0.296488 7.67%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 10.08%
hedera-hashgraph
Hedera (HBAR) $ 0.199497 6.45%
hyperliquid
Hyperliquid (HYPE) $ 24.94 14.77%
the-open-network
Toncoin (TON) $ 3.24 3.53%
bitcoin-cash
Bitcoin Cash (BCH) $ 406.71 2.27%
leo-token
LEO Token (LEO) $ 8.72 0.40%
usds
USDS (USDS) $ 1.00 0.00%
litecoin
Litecoin (LTC) $ 98.31 6.78%
polkadot
Polkadot (DOT) $ 4.67 10.19%
weth
WETH (WETH) $ 2,300.85 15.58%
monero
Monero (XMR) $ 302.64 1.69%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,446.91 15.22%
bitget-token
Bitget Token (BGB) $ 4.48 2.73%
pi-network
Pi Network (PI) $ 0.732863 16.96%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998577 0.08%
pepe
Pepe (PEPE) $ 0.000012 29.89%
ethena-usde
Ethena USDe (USDE) $ 0.998709 0.34%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,136.63 3.67%
whitebit
WhiteBIT Coin (WBT) $ 30.25 3.37%
bittensor
Bittensor (TAO) $ 429.91 6.29%
uniswap
Uniswap (UNI) $ 6.22 18.60%
near
NEAR Protocol (NEAR) $ 2.88 14.13%
aptos
Aptos (APT) $ 5.57 9.09%
dai
Dai (DAI) $ 1.00 0.01%
ondo-finance
Ondo (ONDO) $ 1.01 8.52%
okb
OKB (OKB) $ 53.19 2.13%
aave
Aave (AAVE) $ 206.50 9.36%
susds
sUSDS (SUSDS) $ 1.05 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 18.98 9.27%
crypto-com-chain
Cronos (CRO) $ 0.100724 5.81%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 5.30 8.52%
official-trump
Official Trump (TRUMP) $ 14.11 15.73%