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Google Unveils Veo 3 AI Video Generator
Google announced Veo 3, a new AI video generation model, at its Google I/O 2025 event on May 20. The model can create 8-second videos and represents a significant advancement in AI-generated video technology. This release follows Google’s ongoing efforts to compete in the rapidly evolving AI content generation space.
AI Could Eliminate Half of White-Collar Jobs in Five Years
The CEO of a major artificial intelligence lab has issued a stark warning that AI technology could eliminate up to 50% of all entry-level white-collar jobs within the next five years. This prediction highlights growing concerns about AI’s impact on employment, particularly for knowledge workers and recent graduates entering the workforce.
Meta’s Chief AI Scientist Calls for International Regulation
Yann LeCun, Meta’s chief AI scientist, has advocated for open-source AI to be placed under international regulation. LeCun’s statement suggests a collaborative approach to AI governance, where all countries contribute to establishing standards for open-source AI models, reflecting growing recognition of AI’s global impact and the need for coordinated oversight.
Builder.ai Faces Bankruptcy Amid Fake Sales Scandal
AI startup Builder.ai is filing for bankruptcy following allegations that it faked transactions with VerSe Innovation (parent company of Dailyhunt). The scandal, described as a “round-tripping” scheme, has severely damaged the company’s reputation and financial standing, highlighting potential ethical issues in the competitive AI startup ecosystem.
Google Releases App for Running AI Models Locally
Google has quietly launched an application that enables users to download and run various open-source AI models from Hugging Face directly on their smartphones. This move represents a shift toward edge computing for AI, potentially offering users greater privacy and reduced reliance on cloud-based AI services while making advanced AI capabilities more accessible.
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