Runway CEO Cristóbal Valenzuela posted two phrases on X this afternoon in response to at the moment’s OpenAI shock demo drop of its new Sora video AI mannequin, which is able to producing 60-second clips: “game on.”
Clearly, the race for video AI gold is on. In spite of everything, just some months in the past Runway blew folks’s minds with its Gen-2 replace. Three weeks in the past, Google launched its Lumiere video AI era mannequin, whereas simply final week, Stability AI launched SVD 1.1, a diffusion mannequin for extra constant AI movies.
Stability AI CEO Emad Mostaque responded positively to the Sora information, calling OpenAI CEO Sam Altman a “wizard.”
In the present day’s Sora information firmly squashed any speak about OpenAI “jumping the shark” within the wake of Andrej Karpathy’s departure; stories that it was all of the sudden entering into the online search product enterprise; and Sam Altman’s $7 trillion AI chips challenge.
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Runway has a necessity for velocity
In June 2023, Runway was valued at $1.5 billion, after elevating $141 million from traders together with Google and Nvidia.
In January, Runway introduced it added a number of movement controls to AI movies with its Multi Movement Brush, whereas it’s as but unclear what characteristic set Sora gives, or its limitations.
Coincidentally, I spoke to Runway’s inventive director Jamie Umpherson yesterday about what I feel is among the firm’s actually fascinating and intelligent non-video promotional artwork tasks — its Gen-2 E-book of Weights, an analog printed booklet of nothing however numbers that’s the first quantity (of 6834) what would be the whole assortment of Gen-2 mannequin weights.
“It was a fun experiment,” he instructed me, including it got here from a “conversation in passing as a lot of these more creative experimental ideas do — we were just discussing how funny it would be to make the weights of the model tangible, visual, something that you could actually consume.”
For now, nevertheless, Runway will most actually should be laser-focused not on artwork or philosophy, however maintaining with OpenAI and the remainder of the pack with a view to maintain tempo within the video AI race.
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