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(Reuters) - Runway is in talks with investors including private equity firm General Atlantic to raise $450 million at a valuation of about $4 billion for the artificial intelligence-powered video ...
runwayml .com. Runway AI, Inc. (also known as Runway and RunwayML) is an American company headquartered in New York City that specializes in generative artificial intelligence research and technologies. [1] The company is primarily focused on creating products and models for generating videos, images, and various multimedia content.
e. Sora is an upcoming generative artificial intelligence model developed by OpenAI, that specializes in text-to-video generation. The model generates short video clips corresponding to prompts from users. Sora can also extend existing short videos. As of August 2024 it is unreleased and not yet available to the public.
The company’s AI software is in some ways similar to OpenAI’s Sora or Runway’s Gen 3, which turn a text description of a scene or sequence of shots into a short, high-quality, cinematic video.
Generative AI models are used to power chatbot products such as ChatGPT, programming tools such as GitHub Copilot, [67] text-to-image products such as Midjourney, and text-to-video products such as Runway Gen-2. [68] Generative AI features have been integrated into a variety of existing commercially available products such as Microsoft Office ...
Many pedestrians walk about. A text-to-video model is a machine learning model that takes a natural language description as input and produces a video relevant to the input text. [1] Recent advancements in generating high-quality, text-conditioned videos have largely been driven by the development of video diffusion models.
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