The company is working on a set of different modes, we call them modes. We've developed and that we have in our one of our products called video to video. So the algorithm basically takes the structure and the reference elements in that video, and then creates an entirely new video. And text to video represents like another mode in that stack of ways of creating video,. It's going to be available to everyone very soon.
The Sunday Times’ tech correspondent Danny Fortson brings on Cristobal Valenzuela, founder of Runway, to talk about using AI to edit and create videos (3:00), starting out at art school (6:50), quitting his job and starting the company in 2018 (8:30), his art career (9:30), rushing to raise money before his visa ran out (14:10), the critical breakthroughs (16:45), what “diffusion” is (18:30), the future of film (21:00), zero-cost content (28:30), coming to America from Chile (33:00), and the challenge of recruiting people (36:20).
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