Artificial intelligence-powered video maker Runway has officially launched its new Gen-3 Alpha model after teasing its debut a few weeks ago. The Gen-3 Alpha video creator offers major upgrades in creating hyper-realistic videos from user prompts. It’s a significant advancement over the Gen-2 model released early last year. Runway’s Gen-3 Alpha is aimed at a range of content creators, including marketing and advertising groups. The startup claims to outdo any competition when it comes to handling complex transitions, as well

AI Video RaceThe immediate question is whether Runway’s advancements can meet or exceed what OpenAI is doing with its attention-grabbing Sora model. While Sora promises one-minute-long videos, Runway’s Gen-3 Alpha currently supports video clips that are only up to 10 seconds long. Despite this limitation, Runway is betting on Gen-3 Alpha’s speed and quality to set it apart from Sora, at least until it can augment the model as they have planned, making it capable of producing longer videos. The race isn’t just about Sora. Stability AI, Pika, Luma Labs, and others are all eager to claim the title of best AI video creator. As the competition heats up, Runway’s release of Gen-3 Alpha is a strategic move to assert a leading position in the market.Get daily insight, inspiration and deals in your inboxSign up for breaking news, reviews, opinion, top tech deals, and more.Contact me with news and offers from other Future brandsReceive email from us on behalf of our trusted partners or sponsorsBy submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.You might also like…Stable Diffusion AI spin-off will let you create weird videos from text promptsWatch the AI-produced film Toys’R’Us made using OpenAI’s Sora – and get misty about the AI return of Geoffrey the GiraffeA new OpenAI Sora rival just landed for AI videos – and you can use it right now for
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