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AI generates one-minute videos now

Tom and Jerry as a proof of concept

👋 Good morning/evening (wherever you are). It’s Tuesday.

Google is reportedly paying some AI staff to do nothing for up to a year, rather than risk them joining competitors. This is partly because the FTC’s noncompete ban doesn’t apply to DeepMind’s London HQ, where contracts can still enforce lengthy “garden leave".

And here's the big AI creative news: AI has gotten so advanced that it can now generate somewhat watchable one-minute clips inspired by Tom and Jerry.

OK let’s keep going ↓

Here’s what you should know:

The numbers:

Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a news release.

This is the major number to monitor…how high can GPT climb in website visit rankings?

Similarweb posted this earlier today:

Thought starters:

Meme of the day:

Thanks for reading,

Eddie

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