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New AI video generation features 🤖 🎥

On Monday, Runway unveiled Gen-3 Alpha. It’s a new model that generates video from text prompts and images.

What’s so great about it?

Runway claims this version is faster, higher quality, more consistent, and handles motion better than Gen-2. It generates 10-second clips in 90 seconds.

What’s under the hood?

It leverages “a new infrastructure built for large-scale multimodal training.” It was trained with images and videos simultaneously, which makes its outputs more realistic.

Cool. Is that it?

More models are coming “soon” that are also trained on this new infrastructure.

When can I use Gen-3 Alpha?

Runway said it would be available in “days.” Paying customers get it first, then free subscribers will get access in the future.

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YOUR DAILY MUNCH

Think Pieces 🧠

Would you vote for an AI chatbot? AI Steve is running for Parliament and is designed to reflect constituent views through AI and direct feedback.

Startup News 💰

OpenAI appointed retired U.S. Army General Paul M. Nakasone to its Board of Directors. He will join the Safety and Security Committee.

LinkedIn introduces new AI tools. The aim is to streamline job searches, write cover letters, personalize learning, and more.

Research 👨‍🔬

Depth Anything V2 — a fast, accurate monocular depth estimation model using synthetic images.

DiTFastAttn — compresses Diffusion Transformers to speed up image and video generation by up to 1.6x and cut computational costs by up to 88%.

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Until next time 🤖😋🧠