Today's tech breakthroughs are reshaping how we interact with digital worlds, from faster and more efficient video creation to smarter AI that uses less computing power. As researchers develop ways to generate high-quality videos in minutes instead of hours and compress language models to run on smaller devices, these advances are bringing us closer to a future where immersive digital experiences are both more accessible and more sustainable. Links to all the papers we discussed: VideoRoPE: What Makes for Good Video Rotary Position Embedding?, Fast Video Generation with Sliding Tile Attention, Goku: Flow Based Video Generative Foundation Models, QuEST: Stable Training of LLMs with 1-Bit Weights and Activations, Scaling up Test-Time Compute with Latent Reasoning: A Recurrent Depth Approach, AuraFusion360: Augmented Unseen Region Alignment for Reference-based 360° Unbounded Scene Inpainting