Runway has released Gen-3 Alpha Image to Video, a significant update that allows users to create videos from still images using text prompts for additional guidance.
They raised a June 2023 funding round that valued Runway at $1.5 billion. This was an increase from its $500 million valuation in December 2022. They have about $237 million of total funding.
There is buzz from people sharing initial tests and praising the artistic control and accuracy of the image generation. The update is seen as a major advancement in AI video creation, enhancing the creative possibilities for users.
Today we are releasing Gen-3 Alpha Image to Video. This update allows you to use any image as the first frame of your video generation, either on its own or with a text prompt for additional guidance.
Image to Video is major update that greatly improves the artistic control and… pic.twitter.com/OieDwMIspz
— Runway (@runwayml) July 29, 2024
Runway just dropped Gen-3 Alpha Image to Video.
Testing pic.twitter.com/K2cFCZ1OWD— Tatiana Tsiguleva (@ciguleva) July 29, 2024
Runway GEN-3 Image-to-Video has arrived.
It's absolutely incredible.
Combine 16:9 images with text prompts to create incredible AI Video.
Here are some of my first creations! pic.twitter.com/t0fM6Epmyh
— Jerrod Lew (@OnwardsProject) July 29, 2024
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An AI robot of modest intelligence should be able to pull the engine out of a car, replace the valves, rings, bearings, and install the rebuilt engine. No supervision required. Just do it.
Except in the case the client were Din Djarin: “No droids”
That is coming, but as usual, the physical world is harder than the infosphere.