American Axle & Manufacturing Holdings Inc. took a $33.6 million net loss last year due largely to the UAW strike, but the industry’s biggest worry now — the electric vehicle pullback — could play in the supplier’s favor.
By WYATTE GRANTHAM-PHILIPS and MATT O’BRIEN (AP Business Writers)
NEW YORK (AP) — The maker of ChatGPT is now diving into AI-generated video.
Meet Sora — OpenAI’s new text-to-video generator. The tool, which the San Francisco company unveiled Thursday, uses generative artificial intelligence to instantly create short videos based on written commands.
Sora isn’t the first to demonstrate this kind of technology. But industry analysts point to the high quality of the tool’s videos displayed so far, and note that its introduction marks a significant leap for both OpenAI and the future of text-to-video generation overall.
Still, as with all things in the rapidly growing AI space today, such technology also raises fears about potential ethical and societal implications. Here’s what you need to know.
Sora is a text-to-video generator — creating videos up to 60 seconds long based on written prompts using generative AI. The model can also generate video from an existing still image.
Generative AI is a branch of AI that can create something new. Examples include chatbots, like OpenAI’s ChatGPT, and image-generators such as DALL-E and Midjourney. Getting an AI system to generate videos is newer and more challenging but relies on some of the same technology.
While GM still sees a role for itself in China’s increasingly competitive market, CEO Mary Barra says the company has to reverse a slide in sales and profits.
Reduced Chinese exports are forcing companies to find domestic sources of graphite for their EV battery anodes.
The automaker and UAW Local 862, which represents workers at the plant, are more than five months past the deadline for a local contract, the union said. Local deals are in addition to the national contract.