OpenAI Unveils 'Sora', AI Generating Videos from Text
Fierce Competition to Dominate Multimodal AI Market
Stock Prices Surge for CrowdWorks and Others in Domestic Market
Competition is fierce among global artificial intelligence (AI) companies such as OpenAI and Google to dominate the multimodal AI market, which simultaneously understands and processes various forms of data including images, sound, and video. Just over a year after showcasing technological prowess through text-centered AI, an era has opened where videos can be created using only text. In the domestic stock market, movements to secure related multimodal AI beneficiary stocks are active.
According to the financial investment industry on the 20th, CrowdWorks has risen 59.5% this year. Considering that the KOSDAQ index fell 1% during the same period, the return rate exceeds the market by 60 percentage points.
Researcher Cho Jeong-hyun of Hana Securities explained, "With the emergence of multimodal AI such as OpenAI's 'DALL·E 3' and 'Sora,' the demand for data required for model training will surge," adding, "High-quality text as well as image, voice, and video data are needed."
DALL·E 3 and Sora are services that convert text into images and videos, respectively. Earlier, on the 15th (local time), OpenAI unveiled Sora, an AI system that creates videos from text. Using Sora, various characters, specific types of actions, and complex scenes can be quickly produced into videos up to one minute long. Sora can generate videos from text alone and can also convert existing images into videos.
Researcher Cho said, "CrowdWorks' performance will improve this year as demand for multimodal AI data such as text, images, videos, and voice increases," and predicted, "Companies like CrowdWorks, which have essential data processing platforms and technological capabilities for generative AI training, will structurally grow." It is estimated that CrowdWorks will achieve sales of 36.7 billion KRW and operating profit of 7.3 billion KRW this year.
Last weekend, investors who directly witnessed Sora rushed to invest in related stocks, causing stock prices to fluctuate. Companies with video-related technologies such as Kinemaster, Innodep, and Forby4 were also identified as multimodal AI-related stocks, and their stock prices surged. KOSDAQ-listed Kinemaster developed the video editing app 'Kinemaster.' As of the end of September last year, it recorded over 660 million cumulative downloads. Innodep holds more than half of the local government CCTV integrated control center market. Based on AI-based video analysis technology, it is expanding its business areas to parking control, access control, and drone control.
Forby4 developed the image quality enhancement solution 'PIXELL' based on deep learning AI technology. PIXELL enhances image quality by finely adjusting saturation, contrast, noise, etc., through AI trained on tens of thousands of ultra-high-definition videos, enabling video quality similar to what the human eye perceives in reality. It can lower the bitrate, which refers to the amount of data transmitted per second, while maintaining ultra-high-definition quality.
Researcher Yoon Cheol-hwan of Korea Investment & Securities explained, "Forby4 performs real-time image quality enhancement through AI technology, reducing editing time compared to the existing manual upscaling method," and added, "They completed the AI image quality enhancement solution in the form of a hardware package directly embedded in system semiconductor chips."
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