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Title: Midjourney Launches Its First AI Video Generation Model, V1

Link: https://slashdot.org/story/25/06/18/1935234/m...

Midjourney has launched its first AI video generation model, V1, which turns
images into short five-second videos with customizable animation settings.
While it's currently only available via Discord and on the web, the launch
positions the popular AI image generation startup in direct competition with
OpenAI's Sora and Google's Veo. TechCrunch reports: While many companies are
focused on developing controllable AI video models for use in commercial
settings, Midjourney has always stood out for its distinctive AI image models
that cater to creative types. The company says it has larger goals for its AI
video models than generating B-roll for Hollywood films or commercials for
the ad industry. In a blog post, Midjourney CEO David Holz says its AI video
model is the company's next step towards its ultimate destination, creating
AI models "capable of real-time open-world simulations." After AI video
models, Midjourney says it plans to develop AI models for producing 3D
renderings, as well as real-time AI models. [...] To start, Midjourney says
it will charge 8x more for a video generation than a typical image
generation, meaning subscribers will run out of their monthly allotted
generations significantly faster when creating videos than images. At launch,
the cheapest way to try out V1 is by subscribing to Midjourney's $10-per-
month Basic plan. Subscribers to Midjourney's $60-a-month Pro plan and $120-a-
month Mega plan will have unlimited video generations in the company's
slower, "Relax" mode. Over the next month, Midjourney says it will reassess
its pricing for video models. V1 comes with a few custom settings that allow
users to control the video model's outputs. Users can select an automatic
animation setting to make an image move randomly, or they can select a manual
setting that allows users to describe, in text, a specific animation they
want to add to their video. Users can also toggle the amount of camera and
subject movement by selecting "low motion" or "high motion" in settings.
While the videos generated with V1 are only five seconds long, users can
choose to extend them by four seconds up to four times, meaning that V1
videos could get as long as 21 seconds. The report notes that Midjourney was
sued a week ago by two of Hollywood's most notorious film studios: Disney and
Universal. "The suit alleges that images created by Midjourney's AI image
models depict the studio's copyrighted characters, like Homer Simpson and
Darth Vader."

Read more of this story at Slashdot.

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