Tech and software companies working on developing generative artificial intelligence platforms -- and really, who isn't doing that these days -- are in dire need of content to help train their AI models. Adobe is reportedly buying videos to help develop its text-to-video platform now.
Chinese multinational Alibaba, best known for its e-commerce operations, also heavily invests in technological development projects. Researchers in the company's Institute for Intelligent Computing showed off their new AI video generator, EMO.
Artificial intelligence (AI) startup Runway has partnered with stock agency Getty Images to launch a new generative video model for enterprise customers.
About a week after Stability AI announced Stable Diffusion Video, laying the groundwork for AI text-to-video generators, AI startup Pika Labs has announced that it has raised $55 million to push its competing generative video platform further.