Monday, January 6, 2025

Avataar debuts Velocity, an AI tool that generates product videos based on a product link, and says HP, Victoria's Secret, Lowe's, and others are using the tool (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Avataar debuts Velocity, an AI tool that generates product videos based on a product link, and says HP, Victoria's Secret, Lowe's, and others are using the tool  —  Generative AI models have reached a baseline capability of producing at least a passable video from a single image or short sentence.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...