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Midjourney Launches Its First AI Video Generation Model, V1
Midjourney has just announced the launch of its highly anticipated AI video generation model, V1. This new development marks a significant milestone for the startup, which has already made waves in the tech community with its innovative AI image generation capabilities.
According to TechCrunch, Midjourney’s V1 allows users to upload an image or take one generated by another Midjourney model and have it converted into four five-second videos. This feature is available exclusively on Discord for now, and can only be accessed through the web at launch.
What sets Midjourney apart from other AI video generation startups is its focus on creativity rather than immediate commercial applications. Despite this, the company cannot entirely escape accusations that its models rely heavily on copyrighted works. To address this concern, Midjourney has implemented a new pricing structure for its V1 model. Subscribers to the Basic plan, which costs $10 per month, will use up their monthly allotment of video generations much faster than they would with images.
In contrast, users who subscribe to the Pro or Mega plans, priced at $60 and $120 per month respectively, will have unlimited access to V1 in a slower “Relax” mode. The company has announced that it will reassess its pricing for video models within the next month.
The new model also comes with customizable settings, allowing users to control the output of their videos. For instance, they can choose an automatic animation setting or describe a specific animation they want to add to their video in text. Furthermore, V1 allows users to toggle between “low motion” and “high motion” for camera and subject movement.
Interestingly, early demos of V1’s generated videos appear somewhat otherworldly rather than photorealistic. This is not unlike Midjourney’s AI image models, which have garnered significant attention in recent times.
In conclusion, the launch of V1 marks a significant advancement in AI video generation technology.
Source: techcrunch.com
