This chapter discusses the launch of PikaLab's Pika 1.0, a text-video generation platform, and the announcement of a $35 million Series A funding. Excitement is expressed by Andre Carpathy from OpenAI for its potential in training AI models and unlocking human creativity, along with the mention of a $10 million competition by XTX markets for developing AI models capable of mathematical reasoning.
Pika Labs officially launched 1.0 and many think it might be representative of a coming breakout moment for text-to-video generation. Plus a look at the complicated geopolitical tension around AI between the US, China and the United Arab Emirates.
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