Miss AI to be Crowned 👑 | OpenAI Sora is finally beaten...

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Howdy Creators!!

Welcome to another episode of GenAI. In this episode, we will crown Miss AI during the Fanvue AI Beauty Pageant. Elon Musk has suddenly decided to withdraw the lawsuit against OpenAI and Sam Altman without reason. Earlier he sued OpenAI in February, and now he has taken a U-turn with the possibility of refiling the lawsuit again. European startups are taking the lead against AI titans like OpenAI. Meanwhile, Meta platforms are going to use public content from social media to train Llama's large language models. Discover how performance and growth marketing can skyrocket your B2B success. Before we dive into the details, here is an email marketing course we highly recommend. Do check out the details by clicking the link below.

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What’s cooking in the GenAI world? 

• Fanvue hosts the first-ever AI Beauty Pageant

• OpenAI Sora is finally beaten

• Tiff between Musk and Altman halts

• Mistral AI is going ahead in the GenAI race 

• Meta starts training AI with social media content 

• Performance & Growth Strategies in B2B Marketing 

• Our Own version of Fanvue AI Beauty Pageant

Top 10 Finalists of the First-Ever 'Miss AI' Beauty Pageant 💎

In this first "Miss AI" contest, the finalists aren't human but AI personalities across the globe. Fanvue World AI Creators Awards were announced in April 2024, and over one and a half thousand creators participated. The top 10 finalists are announced. The top 3 winners for the Miss AI title will be declared at the end of June. 

What’s this pageant? Fanvue’s "Miss AI," the first beauty pageant exclusively for AI influencers, is showcasing artificial personas from around the globe. The contestants are evaluated on realism, technological innovation, and social influence by a panel including a pageant historian, media entrepreneur, and AI creators.

Who’s in? Out of 1,500 entries, the top 10 finalists have been announced, each bringing unique cultural and thematic elements to the competition. The winner of Miss AI will receive $13,000, including a $5,000 cash prize and PR support, highlighting the commercial potential of AI influencers.

Presenting the Top 10 finalists running for the Miss AI. 

OpenAI’s Dream is Shattered by Luma AI

Luma AI, a San Francisco-based startup, has launched its own text-to-video model called Dream Machine, enabling users to generate up to 30 creations per month. The physics and quality are even better than OpenAI's Sora. Don’t believe us? Check it out here.

With the advent of AI video generation, experts believe that with enhanced fine-tuning, they can replace traditional video generation methods.

The real deal: Already launched for the public, Dream Machine generates 5-second video clips from text and image prompts. The generated videos boast top-notch consistency, camera movement, and smoothness. It also mimics real-world physics and interactions, thanks to the transformer model that is trained on video content.

Elon Musk Drops Lawsuit Against OpenAI🧑‍⚖️

Billionaire Elon Musk takes a U-turn in his lawsuit against ChatGPT maker OpenAI and CEO Sam Altman. According to him, OpenAI has abandoned its mission of developing AI not for profit.

What’s happening? The lawsuit filed by Musk in February 2024 was suddenly dismissed a day before the key court hearing. The attorneys for Musk approached the California state court without giving any reason for the dismissal which allowed for the possibility of refiling another time.

OpenAI’s argument: Musk's claims were incoherent and the lawsuit was an attempt to further his own AI interests. Musk's lawsuit highlighted his long-standing opposition to OpenAI's shift towards profit-making, contrasting with its founding principles.

What’s next? Musk's own AI startup, xAI, raised $6 billion in series B funding, indicating his continued investment in AI development.

Mistral AI is ready to Challenge the AI Titans 👊

French startup Mistral AI has raised €468 million in equity funding signaling significant growth in Europe’s generative AI sector bringing its total value to €5.8 billion.

Funding round: To date, the company has raised €600 million including debt. The round was led by new investors DST Global and General Catalyst, with previous Series A funding from A16z. In less than a year, Mistral AI has raised a total of $1.06 billion, with founders from DeepMind and Meta driving its development into a major European competitor to US AI giants.

Specialties: Mistral AI specializes in multilingual generative AI, with its latest model supporting French, German, Spanish, Italian, and English, distinguishing it from rivals with its open-source approach and scalable solutions. As the generative AI market is projected to reach $100 billion by 2030, with the latest funding Mistral AI is expanding Europe’s influence in the global AI landscape.

Meta is training AI with Public Social Media Posts 🧑‍🏫

Meta Platforms plans to use public social media content from European users on Facebook and Instagram to train its generative AI models, aligning its European practices with global ones.

The reason: The data will be used to enhance Meta's Llama large language models, excluding private posts and messages shared with friends. Meta's decision comes despite stringent EU privacy regulations, which previously caused the company to proceed cautiously in Europe.

Legal steps: Meta will notify European and UK users about how their public information is utilized for AI development, aiming for transparency and compliance with regional laws. Advocacy group NYOB has filed complaints across Europe, arguing that Meta's notifications are insufficient under EU rules, which require explicit opt-in consent from users.

Performance x Growth Marketing = B2B Success 🏆

Combining performance marketing with a broader growth marketing framework allows businesses to achieve both short-term wins and long-term sustainability, balancing immediate results with strategic growth. 

Focus: Performance marketing focuses on measurable, short-term actions like clicks and conversions, while growth marketing spans the entire buyer's journey and emphasizes long-term customer retention and organic growth.

Approach: An integrated approach optimizes customer acquisition costs by leveraging the immediate returns of performance marketing and the cost-effective, sustained impact of growth marketing. Utilizing real-time data from performance marketing to inform broader growth strategies enhances decision-making, ensuring campaigns are both immediately effective and aligned with long-term goals.

Our Own version of Fanvue AI Beauty Pageant

We decided to have some fun among our team members and asked everyone to come up with AI-generated images of models. Here are the top four for your visual delight. Enjoy! ❤️