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OpenAI completed its for-profit restructuring — and struck a new deal with Microsoft

OpenAI’s controversial for-profit restructuring is finally complete, along with a new deal with Microsoft. The company’s for-profit arm is now a public benefit corporation, dubbed OpenAI Group PBC. The nonprofit is now called the OpenAI Foundation and “holds equity in the for-profit currently valued at approximately $130 billion” — it will begin with a $25 […]

Adobe, AI, Creators, News, Tech, Tech News

Photoshop and Premiere Pro’s new AI tools can instantly edit more of your work

Adobe has kicked off its annual Max event, giving us a first look at new and upcoming generative AI tools launching for the company’s Photoshop, Premiere Pro, and Lightroom Creative Cloud apps. These include updates to Photoshop’s Generative Fill feature that aim to give creators more control over adding, removing or modifying content, and tools […]

Adobe, AI, Creators, News, Tech, Tech News

Adobe’s new AI audio tools can add soundtracks and voice-overs to videos

Adobe is giving filmmakers new generative AI audio tools that can quickly add thematically appropriate backing tracks and narration to videos. Generate Soundtrack and Generate Speech are being introduced to a redesigned Adobe Firefly AI app, while Adobe is also developing a new web-based video production tool that combines multiple AI features with a simple […]

Adobe, AI, Creators, News, Tech, Tech News

You can tell Adobe Express’s new AI assistant to edit your designs for you

A new generative AI experience is coming to Adobe’s cloud-based Express design platform, enabling you to transform projects by vaguely describing what changes to make. Adobe describes the “AI Assistant in Adobe Express” launching in public beta today as a conversational creative agent that “empowers people of every skill level” to quickly create visual content, […]

Adobe, AI, Creators, News, Tech, Tech News

Adobe’s AI social media admin is here with ‘Project Moonlight’

As Adobe builds AI assistants into each of its applications, the company is also building an AI agent on its Firefly platform to act as a centralized creative director for social media campaigns. Project Moonlight’s chatbot integrates with Adobe’s creative software apps and pulls from your existing social media channels to brainstorm and edit content […]

AI, Amazon, News, Tech, Tech News

Amazon is cutting 14,000 corporate jobs

Amazon is planning to axe around 14,000 corporate jobs. The mass layoffs were expected as part of the company’s cost-cutting drive, but are smaller than the 30,000 job losses previous reports had indicated.   Beth Galetti, a senior executive at the e-commerce giant, broke the news to employees in a message on Tuesday. “The reductions we’re […]

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