The original startup behind Stable Diffusion has launched a generative AI for video
What’s happened: Runway, the generative AI startup that co-created last year’s breakout text-to-image model Stable Diffusion, has released an AI model that can transform existing videos into new ones by applying styles from a text prompt or reference image.
What it does: In a demo reel posted on its website, Runway shows how the model, called Gen-1, can turn people on a street into claymation puppets, and books stacked on a table into a cityscape at night. Other recent text-to-video models can generate very short video clips from scratch, but because Gen-1adapts existing footage it can produce much longer videos.
Why it matters: Last year’s explosion in generative AI was fueled by the millions of people who got their hands on powerful creative tools for the first time and shared what they made, and Runway hopes Gen-1 will have a similar effect on generated videos. Read the full story.
—Will Douglas Heaven
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