Instagram teases AI tools for editing

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Hey everyone,

Just a quick heads-up: Instagram teases AI tools for editing, rolling out next year.

What’s inside today’s newsletter:

• 🌐 Tech Pulse: Sam Altman once owned some equity in OpenAI through Sequoia

• 📁 Unfold AI Tricks: Automate Image Creation with AI-Powered Design Tools

• 5 New Tools on the Block

• 🔎 Spotlight: Instagram teases AI tools for editing

• What We’re Reading

• ✅ To-dos

🌐 Tech Pulse

• Sam Altman once owned some equity in OpenAI through Sequoia.

  • Sam Altman, CEO of OpenAI, previously stated he had no equity in the company but recently acknowledged a small stake through a Sequoia fund that he has since sold.

  • Sequoia Capital invested in OpenAI in 2021, two years after Altman became CEO.3 The value of this investment has significantly increased, but details about Altman's stake through Sequoia and its sale are unknown.

• Perplexity has reportedly closed a $500M funding round.

• Boon raises $20.5M to build agentic AI tools for fleets.

📁 Unfold AI Tricks: Automate Image Creation with AI-Powered Design Tools

Overview: Looking for an easy way to design eye-catching visuals for your blog, social media, or website? AI design tools can help you create images effortlessly, without needing advanced graphic design skills.

Duration: 30 minutes

Skill Level: Beginner

Steps:

1. Choose Your AI Design Tool:

   • Canvas Magic Design lets you create customized graphics by simply describing what you need—whether it's a social media post, infographic, or presentation slide.

   • Alternatively, use Runway’s AI Image Generator to create unique images from text prompts. It’s perfect for generating visuals for marketing, websites, or product launches.

2. Create Custom Visuals:

   • For Canva, select a template and use the Magic Design feature to instantly adjust elements like color, font, and layout based on your preferences.

   • On Runway, type a description of the image you want (e.g., "futuristic cityscape at sunset"), and the AI will generate a series of options for you to choose from.

3. Optimize Your Images for Different Platforms:

   • Once your design is ready, easily resize or tweak it to fit different platforms (e.g., Instagram posts, blog banners, or presentation slides). Canva provides built-in resizing features, and Runway lets you export images in high resolution.

Pro Tip: Combine AI design tools with scheduling apps like Buffer or Hootsuite. This way, you can batch-create your visuals and schedule them for automatic posting across your social channels, saving time and ensuring consistent content delivery.

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🔧 New Tools on the Block

1. Trickle: Build stunning AI apps, websites, and forms with ease.

2. GenFuse AI: Automate any work with AI agents. No technical skills needed

3. GitHub Copilot: The AI editor for everyone

4. Revv Invest: A magical way to invest in AI, space & other frontier stocks

5. Gemini Code Assist: Google's AI-powered code assistance for faster development

🔎 Spotlight: Instagram teases AI tools for editing

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A post shared by Adam Mosseri (@mosseri)

Summary:

Instagram plans to integrate a groundbreaking generative AI video editing feature, powered by Meta's Movie Gen AI, allowing users to modify nearly any video aspect with simple text prompts. This tool aims to empower creators by significantly simplifying video editing, enabling transformations ranging from subtle adjustments like adding accessories to drastic alterations like changing outfits or backgrounds. While initial demonstrations are impressive, showcasing realistic alterations even with rapid movement, the long-term effectiveness and overall quality remain to be seen upon its official release, especially in comparison to similar technologies from competitors like OpenAI and Adobe. The integration of Movie Gen into Instagram marks Meta's first confirmed platform deployment of this powerful text-to-video technology.

Why it matters:

• This technology could significantly lower the barrier to entry for video creation and editing. this AI editing feature aims to help users "bring their ideas to life without extensive video editing or manipulation skills."

• This feature could raise concerns about the authenticity and manipulation of online video content. The ability to easily alter videos using AI raises ethical questions. As these tools become more sophisticated and accessible, it may become increasingly difficult to discern real content from fabricated content. This could have implications for how we consume and trust information online.

Sources: TechCrunch, The Verge

📝 What We’re Reading

• Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z. (TechCrunch)

• TuSimple pivot from self-driving to AI animation is complete with CreateAI rebrand (TechCrunch)

• In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive (TechCrunch)

• Waymo fills the Cruise void overseas and a salute to icon Jean Jennings (TechCrunch)

 😂 Tech Memes

✅ To-dos

Do you have a topic in mind? We’re always open to suggestions—let us know what you want to learn next!

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That’s a wrap! Catch you in tomorrow’s edition. 👋

—Harman