Midjourney launches its first AI video generation model, V1

INSUBCONTINENT EXCLUSIVE:
Midjourney, one of the most popular AI image generation startups, announced on Wednesday the launch of its much-anticipated AI video
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
Darth Vader.Hollywood studios have struggled to confront the rising popularity of AI image and video-generating models, such as the ones
Midjourney develops
companies have alleged that these products are trained on their copyrighted works.While Midjourney has tried to pitch itself as different
accusations.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
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
manual setting that allows users to describe, in text, a specific animation they want to add to their video
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
hyperrealistic
have been on the market for months or even years.