Dirty Play by Musk! New AI Battle?

In this week’s email

• News of the Week

• Tweet of the Week

• AI or Real

• Unfiltered

• Best Tools of Week

• Everything else in AI this Week

Read time: 7 min

News of the Week

Adobe AI Video Generator

Adobe Launches Beta of AI-Powered Video Creation Tool "Generate Video" to Everyone

Adobe has launched its AI video software, Generate Video, to the general public. The company initially launched it in a restricted manner a year ago.

With Generate Video, you can generate short videos in two modes:
using text descriptions (Text-to-Video) or using reference images (Image-to-Video).

The tool offers control over style, camera position, and shot framing.

The beta release also supports a 1080p resolution at a rate of 24 frames per second, though video duration is capped at 5 seconds—less than OpenAI’s Sora, which is capable of producing up to a 20-second video.

New Features

• Scene to Image: Create reference images for scenes in your video

• Translate Audio and Video: Dubbing of videos in over 20 languages

Pricing Plans

Adobe offers two subscription models:

• Firefly Standard: $9.99 per month, offering 2,000 credits for 5-second videos

• Firefly Pro: $29.99 a month, 7,000 credits

The competition is getting more intense in AI video creation, with Adobe having challengers in OpenAI’s Sora and Google’s Veo. As easy to use as Adobe’s software is, time will tell if it is ahead in this new market.

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Tweet of the Week

Unfiltered

Musk $97.4 Billion Bid for Buying OpenAI

Elon Musk and a consortium of investors spurred to action with an offer to purchase OpenAI's non-profit arm at a whopping price tag of $97.4 billion, rekindling old tensions between the former and current CEOs, Sam Altman.

• This bid was placed by an attorney for Musk to the OpenAI board. The bid is funded by xAI, Valor Equity Partners, Baron Capital, among other investors. Such actions would complement OpenAI's going for profit as well as an impressive $40 billion injection of capital from SoftBank at a valuation of $260 billion.

• He stated that he would return OpenAI to the open-source roots by either matching or overbidding any other offers to take control over it.

• Altman shot back to the proposal regarding purchase of X (ex-Twitter) with laughter, offering a "buy Twitter for $9.74 billion" in exchange. Musk went on another one of his "oh so clever" diatribes, calling him a "charlatan."

The rivalry between Altman and Musk is naturally blowing up into an epic contest. In addition, they will also have to squabble in the future owing to their entanglements with the U.S. government's tech programs. Of course, with a history of lawsuits and public bust-ups, Musk's dragon-slaying OpenAI man-hunt is not going to end here.

Best Tools of Week

Tana
Put your notes to work with voice and AI

Screen Studio 3.0
Beautiful screen recordings with instant shareable links

Tool Finder
Your shortcut to better software

Chatbase
AI Agents for magical customer experiences

Sendbird AI agent for customer service
Delightful customer experiences with omnichannel AI

Everything else in AI this Week

xAI plans to hire thousands in the U.S. to boost its Grok AI chatbot, aiming to rival OpenAI, Google, and Meta with $6B funding.

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BBC reports AI chatbots like ChatGPT and Gemini distort news, with 51% of summaries having major errors, risking misinformation.

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DeepSeek may face a U.S. ban due to security concerns, similar to TikTok, amid rising U.S.-China tech tensions.

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A hacker claims to have stolen OpenAI user data, but researchers doubt it. OpenAI is investigating and says there’s no proof of a breach.

That’s it for today!

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