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THE DAILY INDEX

Technology, AI, software, security, crypto and business

NEWS & TRENDS

TLDR Design

A FIRST LOOK AT AMAZON'S NEW AI VIDEO GENERATOR FOR ADVERTISERS

Amazon has introduced two new generative AI tools for advertisers: Video Generator and 'live images'. These tools aim to produce visuals quickly and affordably. Video Generator transforms a single product image into 6- to 9-second videos with customizable elements and creates four variations. In contrast, the 'live image' feature generates animated GIFs from still images. These tools are designed to meet advertiser demands for cost-effective video marketing and are currently in beta for select U.S. advertisers.

APPLE'S NEXT IPHONE WILL BE ONE OF THE CHEAPEST, HERE'S WHAT TO EXPECT

The upcoming iPhone SE 4 is set to launch next spring, marking the first update in three years with a significant redesign. This model will adopt a more modern look akin to the iPhone 14, featuring a 6.1” OLED display, flat edges, and Face ID. New additions may include the customizable Action Button and a transition to USB-C, complying with EU regulations. Enhanced performance is anticipated, with rumors suggesting an A18 chip and Apple Intelligence features.

FAL.AI, WHICH HOSTS MEDIA-GENERATING AI MODELS, RAISES $23M FROM A16Z AND OTHERS

Fal.ai, an AI-driven media platform co-launched by Burkay Gur and Gorkem Yurtseven in 2021, has secured $23 million in funding across two rounds. The platform specializes in AI-generated audio, video, and images, offering scalable solutions for enterprise applications. Fal has gained significant traction, reaching 500,000 developers and hosting 50 million media creations daily, while its annual run rate approaches $10 million. The company adopts a hands-off approach to content moderation, placing responsibility on the developers using their platform.

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