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Runway is focused on generative AI for video, media, and art. The company focuses on developing proprietary foundational model technology that professionals in filmmaking, post-production, advertising, editing, and visual effects can utilize. Additionally, Runway offers an iOS app aimed at consumers. [26]
Its production utilized advanced AI tools, including Runway Gen-3 Alpha and Kling 1.6, as described in the book Cinematic A.I. The book explores the limitations of text-to-video technology, the challenges of implementing it, and how image-to-video techniques were employed for many of the film's key shots.
Several other text-to-video generating models had been created prior to Sora, including Meta's Make-A-Video, Runway's Gen-2, and Google's Lumiere, the last of which, as of February 2024, is also still in its research phase. [3]
Runway, the generative AI company that recently inked a first-of-its-kind deal with Lionsgate, will dole out grants of up to $1 million to filmmakers working on AI-powered projects. Runway is ...
The battle for Hollywood 2.0. Text-to-video generative AI tools could bring massive changes to the entertainment industry. Runway. HQ: NYC Founded: 2018 CEO: Cristóbal Valenzuela Employees: 85 ...
Lionsgate expects to save “millions and millions of dollars” using Runway’s AI models, Burns told the Wall Street Journal. “We do a lot of action movies, so we blow a lot of things up and ...
Stable Diffusion is a deep learning, text-to-image model released in 2022 based on diffusion techniques. The generative artificial intelligence technology is the premier product of Stability AI and is considered to be a part of the ongoing artificial intelligence boom.
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