By Natalie Lung, Bloomberg A week after OpenAI said it would shutter its artificial intelligence video generator, Sora, rival tools like Kling AI and RunwayML are already gaining ground. Kling AI, a video generator app owned by China’s Kuaishou Technology, saw global weekly active users jump 4% to an average of 2.6 million last week…
By Natalie Lung, Bloomberg Alphabet Inc.’s Google and Apple Inc. are adding music-focused generative artificial intelligence features to their core consumer apps, underscoring how advanced AI tools are moving into mainstream use. Google’s Gemini AI assistant can now create 30-second music tracks based on text, photos or video uploaded by users using Google DeepMind’s latest Lyria…
(Bloomberg/Ryan Vlastelica) — Soaring prices for memory and storage components have turned companies like Sandisk Corp., Micron Technology Inc. and Western Digital Corp. into the hottest stocks in the market over the past year. But they’re causing headaches for many of their customers. Hardware companies from Apple Inc. to HP Inc. are under pressure, as…
