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Read AI to Reduce Video Time Frame and Apple Acquires WaveOne

Hi friend! Today I‘ve got two fascinating AI stories to share. One makes meetings radically more efficient using intelligence. The other reveals Apple acquiring an innovative video compression startup. Let‘s unpack these!

Read AI Extracts The Best 2 Minutes From Hours Of Meeting Footage

First, an innovation that will rescue us from endless video calls – Read AI‘s new Highlights feature. This uses artificial intelligence to distill a 60 minute meeting down to just the most critical 2 minutes.

Pretty amazing right? Before we dive in, let‘s set the stage…

Over 100 million meetings happen daily in the US. Employees spend around 6 hours per week just in meetings. Yet research from Wharton shows over 50% deliver low value. Meetings devour our days without clear payoff.

It‘s estimated that inefficient meetings waste $399 billion annually in the US alone. That‘s an eye-watering number!

Read AI saw an opportunity to optimize these sessions via intelligence. Their multi-modal AI analyzes both verbal and visual cues. It tunes into subtle signals like body language reactions. The system combines this with dialogue analysis – extracting the most relevant or insightful exchanges.

After a meeting wraps, Read produces:

  • An executive summary covering key topics
  • A list of action items needing follow up
  • Metrics scoring audience attentiveness

This allows extracting maximum value from the meeting, without wasted hours rewatching recordings.

Now let‘s explore exactly how the AI achieves this…

Behind The Scenes Of Read AI‘s Intelligence

Read‘s foundation is deep learning algorithms trained on vast datasets of meeting videos. The neural networks detect patterns in how an engaged audience looks and responds. Subtle cues like smiling, nodding or leaning in indicate salient talking points.

Computer vision picks up these visual reactions. Natural language processing analyzes the words spoken. Combining the signals highlights the moments sparking most interest.

Sophisticated models then generate an executive summary reflecting major themes, decisions and action items. This preserves meeting essence in an ultra-concise abridged form.

It‘s easier for humans to consume short form high signal content. And it allows spreading insights widely without endless hours watching recordings.

This technology took years of data science fine-tuning to perfect. But I believe it‘s just the start for Read AI…

As video call usage explodes, their approach can scale infinitely. And capabilities will expand over time. I envision real-time meeting assistants that enhance interactivity and engagement. Think Jarvis from Iron Man!

For now though, simply freeing us from wasteful meetings is already life-changing!

The Bottom Line

Meetings devour productivity but often meander fruitlessly. Read AI lassos this waste intelligently. It culls the best moments so people get value faster.

Think of the creative potential unleashed with 6 hours freed up every week! And $399 billion recouped for the economy!

AI that reveals signal in a noisy world is a magical gift. With video calls embedded in life, Read‘s innovation comes at the perfect time.

Now let‘s examine Apple acquiring a video compression startup to enhance their streaming services…

Apple Bets On AI Video Tech To Boost Streaming Services

Apple recently purchased WaveOne, an AI firm specializing in video compression. This 2016 startup uses machine learning to shrink bandwidth demand up to 50% with minimal quality loss.

Let‘s unpack why video compression matters so much today…

Video now accounts for over 80% of internet traffic. Streaming platforms like YouTube and Netflix comprise the bulk and visual content is still exploding exponentially.

Delivering all these bytes strains networks and costs huge for provisioning infrastructure. Yet viewer demand for 4K and even 8K video keeps growing.

That‘s why improved compression algorithms are so vital. They let you transmit top quality streams without ballooning bandwidth budgets.

Now back to WaveOne‘s innovative approach…

Their Content-Aware Video Coding examines each frame, intelligently selecting what to preserve. Facial regions stay crisp while background elements get gently smoothed without noticeably losing fidelity.

This technique works across resolutions, codecs and frame rates. And it can stack with existing formats like H.264 for further size reductions.

Most encoders crush images uniformly using optimization algorithms. But WaveOne‘s AI recognizes what humans value most. It applies bandwidth only where our eyes perceive it.

In formal testing this beat H.264 and H.265 results by wide margins across metrics like structural similarity. Reviewers struggled to see differences from original masters.

And how exactly will Apple benefit from bringing WaveOne in house?

Well Apple TV+ and other streaming ventures run on huge infrastructure outlays. Halving bandwidth loads directly saves costs allowing expansion.

It also lets Apple push quality higher on existing networks. Delivering 8K streams users love while eking efficiencies boosts competitive advantage.

And this acquisition builds on previous Apple ML hires in imaging and video processing. Ownership of the full stack – from silicon to algorithms and services – allows tight integration harvesting every advantage.

I expect to see WaveOne‘s technology permeate through Apple‘s video offerings over the next 2 years. For consumers it may enable new heights of viewing enjoyment!

AlexisKestler

Written by Alexis Kestler

A female web designer and programmer - Now is a 36-year IT professional with over 15 years of experience living in NorCal. I enjoy keeping my feet wet in the world of technology through reading, working, and researching topics that pique my interest.