Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…a TikTok-like AI video app that is built for Gen Z…Challenges renting San Francisco apartments during the AI boom…TSMC profit surges 39% to hit yet another record on AI chip demand… Spotify partners with Sony , Universal , Warner and more to develop AI music products.

Demi Guo, the 26-year-old founder of AI video company Pika, holds degrees in mathematics and computer science. But she’s also always had a creative streak, including writing poetry, and she loves showing off on social media with image and video tools.

That’s why she dropped out of her Stanford Ph.D program and co-founded Pika in April 2023 with aspiring animator and fellow Ph.D student Chenlin Meng. Just as AI video companies like Runway were start

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