Artificial intelligence platform Runway has launched The Hundred Film Fund to help finance 100 projects that use its AI to tell stories. Created by the company through its Runway Studios, the Fund is starting with $5 million, “with the potential to grow to $10 million.” Runway is presenting the Fund as “an open call to all creative professionals who have AI-augmented film projects in the pre- or post-production phases and are in need of funding.” Directors, producers and screenwriters are among those invited to apply. The program will consider all formats, from features to shorts, documentaries, experimental projects, music videos and more. Continue reading Runway Launches $5M AI Film Fund as Open Call to Creators

YouTube is going all in on generative AI with nine new generative features announced at the Made on YouTube creator event in New York. Google DeepMind’s AI video generation model, Veo, is coming to YouTube Shorts later this year, enabling “even more incredible video backgrounds, breathing life into concepts that were once impossible to visualize,” as well as six-second standalone AI segments that can be incorporated into short videos. “Imagine a BookTuber stepping into the pages of the classic novel ‘The Secret Garden,’” suggests YouTube Chief Product Officer Johanna Voolich in describing the new AI-powered features. Continue reading YouTube Unveils New AI-Powered Features at Creator Event

Canadian generative video startup Viggle AI, which specializes in character motion, has raised $19 million in Series A funding. Viggle was founded in 2022 on the premise of providing a simplified process “to create lifelike animations using simple text-to-video or image-to-video prompts.” The result has been robust adoption among meme creators, with many viral videos circulating among social media platforms powered by Viggle, including one featuring Joaquin Phoenix as the Joker mimicking the movements of rapper Lil Yachty. Viggle’s Discord community has four million members including “both novice and experienced animators,” according to the company. Continue reading Viggle AI Raises $19 Million on the Power of Memes and More

AI media firm Runway has launched Gen-3 Alpha, building on the text-to-video model by using images to prompt realistic videos generated in seconds. Navigate to Runway’s web-based interface and click on “try Gen 3-Alpha” and you’ll land on a screen with an image uploader, as well as a text box for those who either prefer that approach or want to use natural language to tweak results. Runway lets users generate up to 10 seconds of contiguous video using a credit system. “Image to Video is major update that greatly improves the artistic control,” Runway said in an announcement. Continue reading Runway’s Gen-3 Alpha Creates Realistic Video from Still Image

Stability AI has unveiled an experimental new model, Stable Video 4D, which generates photorealistic 3D video. Building on what it created with Stable Video Diffusion, released in November, this latest model can take moving image data of an object and iterate it from multiple angles — generating up to eight different perspectives. Stable Video 4D can generate five frames across eight views in about 40 seconds using a single inference, according to the company, which says the model has “future applications in game development, video editing, and virtual reality.” Users begin by uploading a single video and specifying desired 3D camera poses. Continue reading Stable Video 4D Adds Time Dimension to Generative Imagery

DreamFlare has emerged from stealth to launch what is being billed as the first streaming platform for GenAI video. In addition to the consumer-facing subscription platform, the business model includes a sort of AI studio where creators can tap the expertise of professional storytellers to produce AI video using third-party tools like Runway, Sora and Midjourney. The company will feature two types of content: Flips, which are animated narratives with audio that viewers can also examine frame-by-frame, as with comic books, and Spins, described as “short movies” featuring branched narratives that provide interactive plot choices. Continue reading DreamFlare Launches AI Video Studio and Streaming Service

Generative video creation and editing platform Captions has raised $60 million in Series C funding. Founded in 2021 by former Microsoft engineer Gaurav Misra and Goldman Sachs alum Dwight Churchill, the company’s technologies — Lipdub, AI Edit and the 3D avatar app AI Creator — have amassed more than 10 million downloads for mobile, the firm says. The C round brings its total raise to $100 million for a stated market valuation of $500 million. With the new funding, Captions plans to expand its presence in New York City, which is “emerging as the epicenter for AI research,” according to Misra. Continue reading Captions: Generative Video Startup Raises $60 Million in NYC

Toys R Us is the first company to use OpenAI’s generative video platform Sora to produce a commercial, or what is being described as a “brand film.” With a running time of 1:06, the spot depicts company founder Charles Lazurus as a young boy, “envisioning his dreams” for the toy store and mascot Geoffrey the Giraffe. It was co-produced and directed by Los Angeles creative agency Native Foreign co-founder Nik Kleverov, who has alpha access to the pre-release Sora. Toys R Us says that from concept to completed video, the project came together in just a few weeks to premiere at the 2024 Cannes Lions International Festival of Creativity. Continue reading Toys R Us and Native Foreign Create Ad Using OpenAI’s Sora

Runway ML has introduced a new foundation model, Gen-3 Alpha, which the company says can generate high-quality, realistic scenes of up to 10 seconds long from text prompts, still images or a video sample. Offering a variety of camera movements, Gen-3 Alpha will initially roll out to Runway’s paid subscribers, but the company plans to add a free version in the future. Runway says Gen-3 Alpha is the first of a new series of models trained on the company’s new large-scale multimodal infrastructure, which offers improvements “in fidelity, consistency, and motion over Gen-2,” released last year. Continue reading Runway’s Gen-3 Alpha Creates AI Videos Up to 10-Seconds

Google is launching two new AI models: the video generator Veo and Imagen 3, billed as the company’s “highest quality text-to-image model yet.” The products were introduced at Google I/O this week, where new demo recordings created using the Music AI Sandbox were also showcased. The 1080p Veo videos can be generated in “a wide range of cinematic and visual styles” and run “over a minute” in length, Google says. Veo is available in private preview in VideoFX by joining a waitlist. At a future date, the company plans to bring some Veo capabilities to YouTube Shorts and other products. Continue reading Veo AI Image Generator and Imagen 3 Unveiled at Google I/O

Google Vids is a new AI-powered video creation app for Google Workspace. The aim is to integrate a simple AI video editor with the real-time collaboration capabilities of cloud-based text editors Docs, Sheets and Slides, “allowing people everywhere to tap into immersive storytelling at work.” Vids will be released to Workspace Labs in June. Vids will be able to generate an easy-to-edit storyboard and piece together a first draft, with suggestions from stock footage and stills, as well as background music. “It can also help you land your message with the right voiceover,” according to Google. Continue reading AI-Powered Video Generator Available for Google Workspace

London-based AI video startup Haiper has emerged from stealth mode with $13.8 million in seed funding and a platform that generates up to two seconds of HD video from text prompts or images. Founded by alumni from Google DeepMind, TikTok and various academic research labs, Haiper is built around a bespoke foundation model that aims to serve the needs of the creative community while the company pursues a path to artificial general intelligence (AGI). Haiper is offering a free trial of what is currently a web-based user interface similar to offerings from Runway and Pika. Continue reading AI Video Startup Haiper Announces Funding and Plans for AGI

OpenAI has debuted a generative video model called Sora that could be a game changer. In OpenAI’s demonstration clips, Sora depicts both fantasy and natural scenes with photorealistic intensity that makes the images appear to be photographed. Although Sora is said to be currently limited to one-minute clips, it is only a matter of time until that expands, which suggests the technology could have a significant impact on all aspects of production — from entertainment to advertising to education. Concerned about Sora’s disinformation potential, OpenAI is proceeding cautiously, and initially making it available only to a select group to help it troubleshoot. Continue reading OpenAI’s Generative Video Tech Is Described as ‘Eye-Popping’

Stability AI has opened research preview on its first foundation model for generative video, Stable Video Diffusion, offering text-to-video and image-to-video. Based on the company’s Stable Diffusion text-to-image model, the new open-source model generates video by animating existing still frames, including “multi-view synthesis.” While the company plans to enhance and extend the model’s capabilities, it currently comes in two versions: SVD, which transforms stills into 576×1024 videos of 14 frames, and SVD-XT that generates up to 24 frames — each at between three and 30 frames per second. Continue reading Stability Introduces GenAI Video Model: Stable Video Diffusion