Amazon is developing a new AI video model called ‘Olympus’ that aims to generate videos from text prompts, similar to how image generators like DALL-E create images from text descriptions. The project is being led by Amazon’s AI research division and is expected to be released in 2024. Olympus will leverage Amazon’s vast computing resources and data to train the model, potentially giving it an edge over competitors like OpenAI’s DALL-E. The goal is to create a system that can generate high-quality, coherent videos based on natural language inputs, which could have applications in entertainment, advertising, and education. However, the development of such powerful AI systems also raises concerns about potential misuse, such as the creation of deepfakes or other manipulated media. Amazon is reportedly working on safeguards to mitigate these risks, but the ethical implications of AI-generated media remain a significant challenge.
Source: https://www.businessinsider.com/amazon-video-ai-model-olympus-anthropic-2024-11