Meta’s new Movie Gen artificial intelligence (AI) video creation tool could level the playing field for small businesses in the digital marketplace, experts say. Movie Gen joins an expanding list of AI-powered video generation tools. In recent months, several major players have introduced or enhanced...
Google’s new artificial intelligence (AI) video tool Vids, launched Monday (July 15) to select users, could dramatically reduce video production costs and time for businesses, potentially upending traditional content creation processes across industries. Vids, powered by Google’s Gemini AI, can produce videos up to 10...
Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July 2) based on a paywalled article by The Information that cited unnamed sources. Runway did...
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017 — Bloomberg News reported Wednesday (May 17), citing PitchBook data, which also shows that VCs...
October 08, 2024
Meta’s new Movie Gen artificial intelligence (AI) video creation tool could level the playing field for small businesses in the digital marketplace, experts say. Movie Gen joins an expanding list of AI-powered video generation tools. In recent months, several major players have introduced or enhanced their offerings in this space. Industry analysts predict Movie Gen’s […]
July 02, 2024
Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July 2) based on a paywalled article by The Information that cited unnamed sources. Runway did not immediately reply to PYMNTS’ request for comment. The company […]
May 17, 2023
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017...
