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Google is using AI to make fake podcasts from your notes

Pivot 5: 5 stories. 5 minutes a day. 5 days a week.

1. Google is using AI to make fake podcasts from your notes

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Google has introduced an AI-generated podcast feature within its notebookLM app, which allows users to turn their research into an audio podcast with two hosts discussing the material. The feature, which is built on NotebookLM's existing features, uses Google's Gemini AI model to summarize research. The hosts can be mistaken for human podcasters, but there are some quirks, such as the AI spelling out certain words and phrases.

The feature makes learning about research more engaging, but it may not be the best way to quickly and clearly distill all information. The feature is only available in English and may take several minutes to generate a podcast-like discussion. Users can try the feature by opening a notebook in NotebookLM and selecting the Notebook guide.

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2. Open-source biology startup uses AI to discover new drugs

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Chai-1 is a new multi-modal foundation model for molecular structure prediction that performs at the state-of-the-art across various tasks relevant to drug discovery. It enables unified prediction of proteins, small molecules, DNA, RNA, covalent modifications, and more. Chai-1 is available for free via a web interface, including for commercial applications such as drug discovery.

The model achieves a 77% success rate on the PoseBusters benchmark and an Cα LDDT of 0.849 on the CASP15 protein monomer structure prediction set. Chai-1 can also be run in single sequence mode without multiple sequence alignments (MSAs) while preserving most of its performance.

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3. Adobe previews Firefly Video AI model offering high-quality generations

Adobe

Adobe has introduced the Adobe Firefly Video Model, a new AI video generation tool. The model builds on its Firefly generative AI still image models, which are ethically trained and commercially safe.

The Firefly Video Model will be available in beta later this year and supports text-to-video, image-to-video, and video editing features. However, generations are limited to up to 5 seconds. Adobe's Firefly Video has produced high-quality clips in less than 2 minutes, demonstrating its ability to compete with other AI tools in the video generation space.

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4. Smartcat secures $43M for its AI-powered translation platform

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AI translations may not fully replace human translators due to their lack of lexical richness. AI models make choices based on probability, not lived experience, making them less accurate. However, for many companies, accuracy is enough, making the AI translation sector attractive.

Smartcat, founded in 2016, offers automated translation tools for enterprises, with over 1,000 corporate customers, including 20% of the Fortune 500. The company supports a wide range of use cases for enterprise customers dealing with multilingual content. Smartcat offers tools, apps, and managed services to help companies translate written and spoken content into around 280 languages.

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5. JPMorgan Chase to equip 140K workers with generative AI tool

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JPMorgan is accelerating its AI projects and employee training, focusing on a pragmatic and disciplined approach. The bank's AI use cases could deliver up to $2 billion in value, with fraud prevention being a significant benefit. Sri Shivananda has been appointed as the firmwide technology chief, while Teresa Heitsenrether is appointed as chief data and analytics officer.

Other banks, like Capital One, Bank of America, and Discover, are also focusing on becoming AI-ready, with Capital One leveraging cloud maturity, Bank of America investing in new technologies, and Discover offering employee training.

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