Luma AI has released Ray2, its latest AI video generation model, offering improved motion quality and physics simulation in generated videos. According to reporting by Carl Franzen, the new model was trained with ten times more computing power than its predecessor. The San Francisco-based company’s CEO Amit Jain announced that Ray2 delivers faster and more … Read more
Former Google CEO Eric Schmidt has founded a new AI startup called Hooglee, focusing on AI-powered video generation and social networking. According to Forbes reporter Sarah Emerson, the company aims to “democratize video creation with AI” and is currently funded by Schmidt’s family office, Hillspire. Sebastian Thrun, co-founder of Google’s Waymo, leads the project alongside … Read more
Adobe Research and Hong Kong University of Science and Technology have developed TransPixar, an AI system that creates transparent visual effects for videos. As reported by Michael Nuñez in VentureBeat, the technology generates see-through elements like smoke and reflections that blend naturally into scenes. The system works with limited training data and uses a novel … Read more
Nvidia has unveiled multiple new AI initiatives at CES 2025, centered around their Nemotron model families and Cosmos World Foundation Models. The company’s CEO Jensen Huang presented these developments during his opening keynote, introducing AI models designed to advance both enterprise and consumer applications. The Nemotron family includes language and vision models available as NIM … Read more
Runway, a New York-based AI company, has introduced a new online platform connecting AI filmmakers with potential employers. According to an article by Shubham Sharma for VentureBeat, the network aims to help brands, agencies, and studios find specialized AI video talent. The platform already features dozens of independent artists and production houses, including members of … Read more
Google DeepMind has announced Veo 2, its latest AI video generation model, positioning it as a direct competitor to OpenAI’s Sora. The new model is currently available through Google Labs’ VideoFX platform on a waitlist basis, with users required to apply through a Google Form for access. According to Google, Veo 2 can generate videos … Read more
Meta has introduced a new open-source tool called Video Seal that adds invisible watermarks to AI-generated videos. According to Kyle Wiggers from TechCrunch, this development comes as deepfakes have increased fourfold worldwide from 2023 to 2024. The tool can embed hidden messages within videos to track their origins and is designed to withstand common editing … Read more
Pika, a Palo Alto-based AI startup, has released version 2.0 of its video generation platform, introducing enhanced customization features and improved motion capabilities. The new release comes shortly after OpenAI’s launch of its Sora video generator. According to Carl Franzen’s report in VentureBeat, the platform’s key innovation is the “Scene Ingredients” feature, allowing users to … Read more
TCL, the world’s largest TV manufacturer, has premiered its first AI-generated movies at the TCL Chinese Theater in Hollywood. According to Jason Koebler’s report for 404 Media, the company is now streaming five short films on its TCL+ platform. The films represent TCL’s initial venture into AI-generated content, produced through its newly created TCL Film … Read more
OpenAI’s newly released AI video generation tool Sora has received mixed reviews from early users. According to Carl Franzen’s report in VentureBeat, AI filmmakers are reporting inconsistent results and unrealistic outputs compared to competitor products. The tool, which requires a subscription starting at $20 monthly for 50 generations, has faced criticism for its content restrictions … Read more