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Market
What will be RunwayML's Gen-3 Alpha Turbo market share in AI video generation tools by end of 2024?
2
Resolution / Starting Odds
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Market analysis reports from industry analysts
Story
RunwayML Launches Gen-3 Alpha Turbo: 7x Faster, Half the Price AI Video Generation
Aug 15, 2024, 03:07 AM
RunwayML has launched the Gen-3 Alpha Turbo, a groundbreaking advancement in AI video generation technology. The new model can generate videos seven times faster and at half the cost of the original Gen-3 Alpha, making it accessible to a broader audience, including free users. The Gen-3 Alpha Turbo supports various styles, including CGI, animated, and illustrated, and significantly reduces the time required to create high-quality video content. Users have reported generating videos in as little as 27 seconds, highlighting the model's impressive speed and efficiency. The Image to Video feature is now available for everyone. This development marks a significant leap forward in the field of generative AI for video production.
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Below 10% • 25%
10-20% • 25%
20-30% • 25%
Above 30% • 25%
Yes • 50%
No • 50%
Increase by >5% • 25%
Increase by 1-5% • 25%
No significant change • 25%
Decrease • 25%
Nike • 25%
Coca-Cola • 25%
Apple • 25%
Other • 25%
Disney • 25%
Warner Bros. • 25%
Universal Pictures • 25%
Other • 25%
Sora • 25%
Luma • 25%
Kling • 25%
Other • 25%
Runway Gen-3 Alpha > Sora • 33%
Runway Gen-3 Alpha = Sora • 34%
Runway Gen-3 Alpha < Sora • 33%
Realistic movements • 33%
High-fidelity video content • 33%
User-friendly interface • 34%
Yes • 50%
No • 50%
Runway • 33%
Luma AI • 33%
Sora by OpenAI • 33%
Adobe • 25%
NVIDIA • 25%
Midjourney • 25%
Other • 25%