Runway CEO Cristóbal Valenzuela published 2 words on X this afternoon in reaction to today’s OpenAI surprise demonstration drop of its brand-new Sora video AI design, which can creating 60-second clips: “video game on.”
Plainly, the race for video AI gold is on. Simply a couple of months ago Runway blew individuals’s minds with its Gen-2 upgrade. 3 weeks back, Google presented its Lumiere video AI generation design, while simply recently, Stability AI introduced SVD 1.1, a diffusion design for more constant AI videos.
Stability AI CEO Emad Mostaque reacted favorably to the Sora news, calling OpenAI CEO Sam Altman a “wizard.”
Today’s Sora news securely compressed any discuss OpenAI”leaping the sharkin the wake of Andrej Karpathy’s departure; reports that it was all of a sudden entering into the web search item organization; and Sam Altman’s $7 trillion AI chips task.
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Runway has a requirement for speed
In June 2023, Runway was valued at $1.5 billion, after raising $141 million from financiers consisting of Google and Nvidia.
In January, Runway revealed it included several movement controls to AI videos with its Multi Motion Brush, while it is yet uncertain what function set Sora deals, or its restrictions.
Coincidentally, I talked to Runway’s imaginative director Jamie Umpherson the other day about what I believe is among the business’s truly interesting and creative non-video marketing art jobs– its Gen-2 Book of Weightsan analog printed pamphlet of absolutely nothing however numbers that is the very first volume (of 6834) what will be the whole collection of Gen-2 design weights.
“It was an enjoyable experiment,” he informed me, including it originated from a “discussion in passing as a great deal of these more imaginative speculative concepts do– we were simply talking about how amusing it would be to make the weights of the design concrete, visual, something that you might really take in.”
In the meantime, nevertheless, Runway will most definitely need to be laser-focused not on art or viewpoint, however staying up to date with OpenAI and the rest of the pack in order to keep up in the video AI race.
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