AI Startup Runway Introduces App to Deliver Video-Generated Artificial Intelligence to Customers

Date:

Yesterday, AI startup Runway launched its first mobile app to give users access to their video-to-video generative AI model, Gen-1. This app is available on iOS devices, and allows you to create an AI video with just the touch of your finger. With the app, users can record a video, upload an image, or type an idea into the text box in order to generate a video that is transformed using text prompts, images, or style presets.

Runway’s preset list includes options such as “Cloudscape,” to make your video look like it’s a claymation, charcoal sketch, watercolor art, paper origami, and more. Once your clip is created, it will take a few minutes to produce the final product, which often appears distorted or weird looking.

Runway is not the only company that has created text-to-video generators. Meta and Google have both launched their ‘Make-A-Video’ and ‘Imagen’ respectively, however each of them have their own limitations.

Runway’s app is free but with a limited number of credits per month. If you want to produce longer videos, you will need to purchase the premium versions. Currently, the available plans are the Standard Plan ($143.99/year) and the Pro Plan ($344.99/year). With the Standard Plan you will get 625 credits/month, along with other features such as 1080p video, unlimited projects and more. The Pro Plan gives users access to 2250 credits/month, and also allows them to enjoy all 30+ of Runway’s AI tools.

Runway also released Gen-2 in February, which allows users to generate videos from scratch. The beta version of this model is being launched slowly and users are beginning to gain access to it. In the future, Runway will be adding support for longer videos, as well as other new updates, such as higher-quality videos.

See also  OpenAI CEO Sam Altman Concludes AI Models are Not Dependent on Size

Runway was founded in 2018 by Cristóbal Valenzuela who, as CEO, continues to develop various AI-powered video-editing software. It is already being used by various movie/TV studios to reduce the time spent editing and creating videos. Examples include the visual effects team behind ‘Everything Everywhere All at Once’ and the graphics team of CBS’ ‘The Late Show with Stephen Colbert’.

Although AI generators can often look strange and awkward, they are constantly evolving and Runway’s mobile app is certainly no exception. Simple to use, with a range of features and a variety of tools, Runway’s new mobile app is unparalled when it comes to making AI videos.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Samsung Unpacked Event Teases Exciting AI Features for Galaxy Z Fold 6 and More

Discover the latest AI features for Galaxy Z Fold 6 and more at Samsung's Unpacked event on July 10. Stay tuned for exciting updates!

Revolutionizing Ophthalmology: Quantum Computing’s Impact on Eye Health

Explore how quantum computing is changing ophthalmology with faster information processing and better treatment options.

Are You Missing Out on Nvidia? You May Already Be a Millionaire!

Don't miss out on Nvidia's AI stock potential - could turn $25,000 into $1 million! Dive into tech investments for huge returns!

Revolutionizing Business Growth Through AI & Machine Learning

Revolutionize your business growth with AI & Machine Learning. Learn six ways to use ML in your startup and drive success.