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Runway introduced the Gen-3 Alpha AI model

Runway has unveiled an alpha version of its Gen-3 artificial intelligence model for generating videos from prompts and static images.

The neural network does an excellent job of creating expressive human characters with a wide range of movements, gestures and emotions, the announcement says. Gen-3 Alpha is trained to accurately identify key frames in a video and create transitions.

“Gen-3 Alpha is the first model in an upcoming series to be trained on a new infrastructure designed for large-scale multimodal learning. This is a significant improvement in accuracy, consistency and movement over Gen-2 and is a step towards creating“General models of the world”" Runway said in a statement.

Gen-3 Alpha can produce five- and ten-second videos at high resolution. Generation time is 45 and 90 seconds, respectively. The co-founder and CTO of the company, Anastasis Germanidis, spoke about this in an interview with TechCrunch .

There is no exact time frame for the public release of Gen-3. The alpha version "will soon be available in the Runway product line with support for all existing modes (text-video, image-video and video-video) and some new ones," Germanidis noted .

Recall that in February, OpenAI introduced the Sora generative AI model for converting text into video. In May, writer and director Paul Trillo generated a video clip using it.

Google DeepMind is developing artificial intelligence technology to create video soundtracks.

Sixty-eight IT executives from 15 countries, including Brazil, India, USA, Saudi Arabia, Turkey, Kazakhstan, and Indonesia participated in the project.

June 2024 was a very dynamic month for AI and data analytics market, marked by significant events, product launches, and industry insights.

Artem Kalivanov, CIO of Beeline Uzbekistan, discussed IT project management in terms of project definition, management models like Waterfall and Agile methodologies, and the importance of Lean in process management.

On June 4, 2024, the professional IT community Global CIO held its annual meeting with IT leaders from Kazakhstan. IT executives from leading companies in Kazakhstan were invited to the online meeting.

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