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TOGETHER WITH RYSE
Welcome to AI Tool Report!
Monday’s top story: Meta has revealed a new AI-powered text-to-video generator, Movie Gen, that reportedly rivals OpenAI’s Sora.
🌤️ This Morning on AI Tool Report
📹 Meta’s AI video tool beats Sora?
💹 How to pick tech products that will dominate the market
📜 AI giants dodge training data law?
💼 How to become an AI Consultant
🐶 How to understand your pet’s behavior using ChatGPT
🍎 Is Apple Intelligence finally here?
📧 Google unlocks Gmail Q&A feature
Read Time: 5 minutes
FACT OF THE DAY
🤔 By the end of this year, forecasters predict that there will be 8.4B AI-powered voice assistant units in the world—which is more than the total global population—meaning there will be more AI assistants than people in the world.
STOCK MARKETS
👀 Check out the AI Stock Market Roundup w/c the 30th of September and see what you need to watch this week! Learn more
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VIDEO
📹 Meta’s AI video tool beats Sora?
Our Story: Meta has unveiled a new AI-powered text-to-video generator—Movie Gen—that uses prompts to create realistic, high-definition video footage (up to 16 seconds long) complete with audio (not voices yet), that reportedly rivals video generators from OpenAI, Runway, and ElevenLabs.
🔑 Key Points:
Users can use text prompts to create new, custom videos or edit existing footage (or still images), and add AI-generated audio—ie. sound effects or background music—that syncs with the footage.
Following reports that Runway scraped data from YouTube to train its AI video generator (violating YouTube’s Conditions of Use), Meta confirmed it trained Movie Gen on “licensed and publicly available datasets.”
Although Meta revealed the new tool—complete with examples, including footage of CEO Mark Zuckerberg leg-pressing chicken nuggets—Movie Gen isn’t publicly available, and is unlikely to be, until next year.
🤔 Why you should care: Movie Gen arrives 7 months after OpenAI revealed its text-to-video model–Sora—which is still not available to the public, after concerns over the lack of guardrails in place to restrict the generation of public figures and politicians and prevent the spread of realistic misinformation, although Meta seems more concerned with alleviating fears that the new tool will “replace the work of artists and animators," insisting it will be working "closely with filmmakers and creators to integrate their feedback."
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TOGETHER WITH RYSE
The Smart Home Company to Watch
Best Buy has a knack for picking the up-and-coming tech products that go on to dominate the market. Their early bets on household items like Ring (acquired by Amazon for $1.2B) and Nest (acquired by Google for $3.2B) have a proven record.
Now Best Buy is lifting the curtain on their latest find, launching RYSE’s SmartShades in over 120 retail stores. RYSE has already hit $8M+ in revenue with over 40,000 units sold, and the numbers are rising (along with the window shades).
RYSE shareholders have seen their value increase 40% year-over-year, with strong upside remaining as they scale into retail and high-volume B2B channels.
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Invest in RYSE at just $1.75/share before it becomes a household name
TRENDING TOOLS
AI Power is an AI plugin for WordPress that generates customizable content
InstantAPI is an AI web scraper that integrates website data into projects
Gizzmo is an AI SEO tool that generates optimized affiliate articles
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LAW
📜 AI giants dodge training data law?
Our Report: Following the controversial vetoing of the Californian AI Safety Bill–SB 1047, California Governor Gavin Newsom has just approved a new AI bill—AB-2013—which requires AI firms to publish a “high-level summary” of the data they used to train their AI models, but not many of these AI companies have disclosed whether or not they’ll be complying with the new bill.
🔑 Key Points:
AB 2013 states that the high-level summaries these AI companies must publish should detail who owns the data, how they procured/licensed the data, and whether it includes any copyrighted or personal information.
Although the bill just applies to models released (in California) after January 2022, and companies have until January 2026 to publish their data summaries, just Stability, Runway, and OpenAI said they’d comply.
Other big tech companies—including Microsoft, Google, and Meta—and AI start-ups—including Midjourney, and Runway—refused to say if they’ll comply either way, and Microsoft declined to comment at all.
🤔 Why you should care: The reason many of these leading tech companies are refusing to say if they’ll cooperate with the bill or not, is likely because the training data used to train AI models gives these firms a competitive advantage, in such a cut-throat market, leaving many reluctant to share these details, even though the use of data to train models is becoming a legal issue, with several lawsuits over the misuse of training data in play.
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TOGETHER WITH INNOVATING WITH AI
💼 Want to become an AI Consultant?
The AI consulting market is about to grow by a factor of 8X – from $6.9B now, to $54.7B in 2032.
But how does an AI enthusiast become an AI consultant?
How well you answer that question makes the difference between just “having AI ideas” and being handsomely compensated for your contribution to an organization’s AI transformation.
Thankfully, you don’t have to go it alone – our friends at Innovating with AI just welcomed 200 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant.
Some of the highlights current students are excited about:
The tools and frameworks to find clients and deliver top-notch services
A 6-month plan to build a 6-figure AI consulting business
Students getting their first AI client in as little as 3 days
And as an AI Tool Report reader, you can get early access to the next enrollment cycle.
Get early access to The AI Consultancy Project
PROMPT ENGINEERING
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Monday’s Prompt: How to understand your pet’s behavior using ChatGPT
Type this prompt into ChatGPT:
Results: After typing this prompt, you will understand why your pet behaves the way it does and a detailed plan outlining ways to manage their antisocial behavior.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
ACTIONABLE INSIGHTS
Want to master 6 crucial AI skills in just 6 weeks? Join the AI Reports AI Skill Sprint, on Skool, now!
Course 2 (Tomorrow, Tuesday 8th October): How AI Can 10x The Effectiveness of Your Business Newsletters
✅ What You'll Learn: Course 2 is with entrepreneur, Louis Shulman, and he will take you through how and why you should leverage AI to draft, research, plan, analyze, and optimize newsletters, troubleshoot any tech issues, and use it to launch, grow, and maintain your newsletter following.
BREAKING NEWS
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NEW FEATURES
🍎 Is Apple Intelligence finally here?
Following the launch of the iPhone 16 last month—disappointingly with no Apple Intelligence features—Apple will release an updated operating system (iOS 18.1) on October 28th, which will include some AI.
According to reports, iOS 18.1 will bring AI-powered notification summaries, writing tools, natural language search for photos, object erasion in photos, and photo memory video creation, from prompts.
Apple previously said it would release more Apple Intelligence features (including the Genmoji tool) later this year, and the upgraded Siri with ChatGPT integration in the iOS 18.4 release, in March, next year.
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📧 Google unlocks Gmail Q&A feature
Google has launched the AI-powered feature ‘Gmail Q&A’ to paying Google iOS Google subscribers (it was rolled out to Android users in August), allowing them to ask Gemini questions about their emails.
Users can also ask Gemini to show unread messages from specific senders, summarize emails, and find information from within their inboxes, with this functionality rolling out to Google Drive soon.
The search bar within Gmail will remain, but there will be an additional ‘Gemini’ button to help people surface relevant information quickly, without having to use traditional, manual search methods.
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Until next time, Martin & Liam.
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