Runway releases an impressive new video-generating AI model

AI startup Runway on Monday released what it claims is one of the highest-fidelity AI-powered video generators yet. Called Gen-4, the model is rolling out to the company’s individual and enterprise customers. Runway claims that it can generate consistent characters, locations, and objects across scenes, maintain “coherent world environments,” and regenerate elements from different perspectives and positions within scenes. “Gen-4 can utilize visual references, combined with instructions, to create new images and videos utilizing consistent styles, subjects, locations, and more,” Runway wrote in a blog post, “[a]ll without the need for fine-tuning or additional training.” Runway, which is backed by investors including Salesforce, Google, and Nvidia, offers a suite of AI video tools, including video-generating models like Gen-4. It faces stiff competition in the video generation space, including from OpenAI and Google. But the company has fought to differentiate itself, inking a deal w ... Read full article.