Midjourney launches an AI video generator

Midjourney has released the first version of its video generation model to the public. For now, the tool can generate short videos based on images uploaded or created on the platform, but Midjourney plans on rolling out more capabilities in the future. After creating an image using Midjourney, the service will show a new “animate”…

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DOJ files to seize $225 million in crypto from scammers

The Department of Justice reported yesterday that it filed a civil complaint to seize roughly $225.3 million in cryptocurrency linked to crypto investment scams. In a press release, the DOJ said it traced and targeted accounts that were “part of a sophisticated blockchain-based money laundering network” dispersing funds taken from more than 400 suspected victims…

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Inside Microsoft’s complicated relationship with OpenAI

Beyond the selfies between Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman, and the friendly conversations between the pair on stage, all is not well with Microsoft’s $13 billion AI investment. Over the past year, multiple reports have painted a picture of a Microsoft and OpenAI relationship that is straining under pressure. As OpenAI…

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YouTube is plugging Veo 3 AI videos directly into Shorts

YouTube is bringing its Veo 3 AI video generation model, which my colleague Allison Johnson recently called “a slop monger’s dream,” to YouTube Shorts later this summer, according to a Cannes Lions keynote from YouTube CEO Neal Mohan. Shorts creators can already take advantage of the previous-generation Veo 2 model to generate backgrounds with Dream…

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