💰 Reddit acquires Memorable AI

Good morning, Reddit has acquired generative AI startup Memorable AI, character AI co-founders join Google, and more. Have a great weekend.

Reddit has acquired generative AI startup Memorable AI

Reddit has acquired Memorable AI, a company that uses AI to help advertisers optimize their text, images, and videos for maximum effectiveness. Founded in 2021 and based in New York, Memorable AI allows advertisers to optimize their ad creatives for maximum effectiveness. This acquisition aims to enhance the quality of ads on Reddit and improve results for advertisers. Memorable AI's employees will join Reddit's advertising team. Financial details of the deal were not disclosed.

OpenAI rolls out advanced Voice Mode

OpenAI is rolling out an advanced Voice Mode to a small group of ChatGPT Plus users, offering more natural, real-time conversations, the ability to interrupt and respond to emotions. Users selected for this alpha test will receive email instructions and a mobile app message.

GPT-4o's voice capabilities were tested with over 100 external red teams in 45 languages. Privacy measures include restricting the model to four preset voices and blocking outputs that deviate from these voices. Additionally, guardrails are in place to prevent requests for violent or copyrighted content.

Stability AI launches 3D asset generation model Stable Fast 3D

Stability AI has launched Stable Fast 3D, a new technology for generating 3D assets from a single image in just 0.5 seconds. This model creates detailed 3D assets with features like UV unwrapped mesh, material parameters, and albedo colors. Optional quad or triangle remeshing adds only 100-200ms to the process. Stable Fast 3D is designed for rapid prototyping in fields such as gaming, virtual reality, retail, architecture, and design.

Users can access the model through the Stability AI API or the Stable Assistant chatbot, which allows for sharing and interacting with 3D creations in augmented reality on compatible devices. Key use cases of rhis model include pre-production experimentation, static assets for games, 3D models for e-commerce, and fast model creation for AR/VR.

Character.AI co-founders joins Google

Character.AI has entered an agreement with Google, which grants Google a non-exclusive license for its current LLM technology. This partnership will provide Character.AI with increased funding to focus on developing personalized AI products. Some team members, including Noam and Daniel, will join Google, while the majority of the team will stay with Character.AI. Dominic Perella, previously General Counsel and a former Snap Inc. executive, has been appointed interim CEO.

That’s all for today’s AI and tech news, what do you think about it? Let us know in the comments.