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Google's Gemini 2.5 Pro Launches Video-to-App Generation

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Good morning. It’s Wednesday, May 7th.

On this day in tech history: 2014: Scientists created the first realistic "virtual universe," simulating 13 billion years of cosmic evolution in a cube with 350 million light-year-long sides and unprecedented resolution.

In today’s email:

  • Google’s Gemini 2.5 Pro

  • OpenAI’s New Playbook on Nonprofit Control

  • Lightricks Launches Open-Source AI Video Model

  • 4 New AI Tools

  • Latest AI Research Papers

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Today’s trending AI news stories

Google's Gemini 2.5 Pro Leads AI Coding, Now With Video-to-App Generation

Google's Gemini 2.5 Pro I/O Edition has emerged as the leader in AI coding, surpassing Claude 3.7 Sonnet with a top score of 1499.95 on the WebDev Arena leaderboard. This version enhances web app generation, UI design, and developer workflows, thanks to improved error reduction and function calling. It supports video content analysis, allowing users to generate applications directly from video input.

The update also facilitates creating code-based visualizations from images and automates web project feature integration, such as CSS styling for elements like color and spacing. Developers can now use Gemini 2.5 Pro for multimodal tasks, combining text, images, video, and code to streamline complex programming tasks. For example, it enables the creation of interactive learning platforms from videos, like converting YouTube content into learning apps. Available via Gemini API and Vertex AI, the update promises greater reliability, fewer errors, and no price increase over the previous version.

Additionally, Google’s new "Simplify" feature for iOS allows users to convert complex text into simpler, digestible content, enhancing user understanding particularly for challenging topics like science and technology without losing key details. This feature is rolling out to iOS users this week. Read more.

OpenAI’s New Playbook on Nonprofit Control, Windsurf Buyout and Microsoft Standoff

OpenAI has reversed its decision to transition into a for-profit entity, confirming that its nonprofit will retain control over the company's operations moving forward. As part of this strategic pivot, it will convert its for-profit arm into a Delaware public benefit corporation under its nonprofit parent, replacing the capped-profit model with standard shares, while assuring regulators and AI-safety advocates that control remains unchanged.

Financially, OpenAI plans to cut the ~20% revenue share it pays Microsoft—its $13.75B investor and exclusive Azure partner—to 10% across all partners by 2030. While SoftBank’s $40B investment talks remain on track, Microsoft has yet to endorse the new structure, seeking guarantees that its ownership stake will not be diluted. The company is also acquiring coding start-up Windsurf for ~$3B, its largest buyout to date, strengthening its developer tools against rivals like GitHub Copilot and Claude Code.

Although a philanthropic advisory board is planned, observers question whether it will hold real sway or merely echo the symbolic oversight seen at other tech giants. Legal experts also note that retaining core intellectual property under the nonprofit may complicate a future IPO, potentially limiting investor influence. The latest restructure trades one set of governance complexities with another, leaving OpenAI’s effort to balance mission and margin to be tested over time. Read more.

Lightricks Launches Open-Source AI Video Model with 30x Speed

Lightricks has launched LTX Video 13B, an open-source AI video model that builds on its 2B parameter predecessor, offering enhanced scale and precision. Running efficiently on consumer GPUs, it delivers high-resolution video up to 30 times faster than similar models. A new multi-scale rendering feature allows creators to gradually enhance video details, while upgraded controls enable camera motion, keyframe editing, multi-shot sequencing, and scene-level adjustments.

Trained on licensed Getty and Shutterstock data, LTX Video 13B ensures commercial-safe usage with high visual quality. Available on Hugging Face and GitHub, the model is free for organizations earning under $10M, allowing developers to fine-tune and integrate it. Read more.

4 new AI-powered tools from around the web

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