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Will a major competitor release a similar Text-2-Video model by end of 2024?
1
Resolution / Starting Odds
Yes • 50%
No • 50%
Official product announcements or releases from competitors
Story
Runway Launches Gen-3 Alpha with Text-2-Video Technology, Advancing AI Video Generation
Jun 17, 2024, 01:31 PM
Runway has announced the launch of Gen-3 Alpha, a new model for video generation. Gen-3 Alpha can create highly detailed videos with complex scene changes, a wide range of cinematic choices, and detailed art directions. This model is the first in a series of new models built by Runway on a new infrastructure designed for large-scale multimodal training. It marks a significant improvement in fidelity, consistency, and motion over its predecessor, Gen-2. The launch is seen as a major step towards building General World Models, advancing the capabilities of AI in video generation. Gen-3 Alpha is also the first model to feature Runway's new Text-2-Video technology.
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