DALL.E3 by OpenAI
OpenAI has released DALL-E 3, the third version of its generative AI visual art platform, which now includes integration with ChatGPT.
This integration allows users to rely on ChatGPT to generate prompts for DALL-E 3 instead of coming up with detailed prompts themselves.
Check out the demo video by OpenAI here
Generative AI’s Act 2 by Sequoia
Sequoia has released a new market map of Gen AI.
Generative AI has rapidly evolved, experiencing both excitement and skepticism, with significant revenue generation, but is now shifting from technology-focused "Act 1" to problem-solving "Act 2" applications.
Generative AI faces a challenge in retaining users and demonstrating sustained value, despite having numerous use cases and customer demand, highlighting the need to address retention issues and deliver meaningful impact to secure long-term success in the field.
Read the entire report here