Mon. 10/14 – Adobe Unleashes Firefly

Oct 14, 2024 15m

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Adobe unleashes its Firefly AI video model broadly. Mark Gurman lays out Apple’s headset strategy going forward. What’s been going on with the Internet Archive. What the heck IS going on with WordPress? VC deals are dropping precipitously. And a review of the Meta Quest 3S.

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Adobe’s AI video model is here, and it’s already inside Premiere Pro (The Verge)
Apple Has a New Smart Home Strategy: Screens Everywhere (Bloomberg)
The Internet Archive is back as a read-only service after cyberattacks (The Verge)
In latest move against WP Engine, WordPress takes control of ACF plugin (TechCrunch)
Venture capital deal activity is slowing down (Axios)
Meta Quest 3S review: Impressive VR for $300 (Engadget)

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Adobe Unleashes Firefly AI Video Model

Adobe launched the Firefly AI video model into public beta during its Adobe Max event. The model integrates into Premiere Pro, allowing users to extend footage and generate video content from text prompts. New tools such as Text to Video and Image to Video are introduced, which can create short videos (up to 5 seconds) from user input. Despite limitations in quality and length, Adobe emphasizes that these tools are commercially safe due to their content training practices.

Apple's Headset Strategy Unveiled

Mark Gurman discusses Apple's future in the headset market, highlighting plans for a lower-cost Vision Pro model and other devices by 2027. The current Vision Pro, priced at $3,500, faces criticism for being expensive and heavy. Apple aims to make headsets more accessible by introducing simpler models, including augmented reality glasses. The company struggles with timely tech rollouts, especially in the AI sphere.

Troubles at the Internet Archive

The Internet Archive is back online in a limited capacity following a DDoS attack and data breach that compromised 31 million emails. Founder Brewster Kahle announced a cautious restoration of services as they work to strengthen their security against future threats. The attack's timing is noteworthy as Google recently integrated links to archived pages into its search.

Controversy in the WordPress Community

The WordPress ecosystem faces turmoil with the forking of the Advanced Custom Fields plugin without consent from its original creators. Matt Mullenweg defended the move as necessary for security, while the ACF team argues it violates ethical norms in the community. The debate highlights growing tensions in plugin management and governance within WordPress.

Decline in Venture Capital Investments

Venture capital investments have seen a significant drop of 32% quarter-over-quarter. Factors include a lack of exits and low distributions to limited partners, causing hesitancy in backing new funds. This trend indicates a potential stagnation in the VC landscape, particularly affecting deal activity and investor engagement.

Review of the Meta Quest 3S

The Meta Quest 3S is presented as an impressive value in the VR headset market with a price of $300. Review highlights include speedy performance, comfort, and an extensive app library. Although it utilizes lower-quality lenses compared to more expensive models, the Quest 3S is positioned as a robust entry point into VR.