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Text-to-Video AI Inches Closer as Startup Runway Announces New Model

Runway offers a web-based video editor that specializes in AI tools like background removal and pose detection. The company helped develop open-source text-to-image model Stable Diffusion and announced its first AI video editing model, Gen-1, in February.


Gen-2, by comparison, seems more focused on generating videos from scratch, though there are lots of caveats to note. First, the demo clips shared by Runway are short, unstable, and certainly not photorealistic, and second, access is limited.



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