Everyday AI Podcast – An AI and ChatGPT Podcast

EP 66: Runway 101 - Create stunning video in seconds

Jul 26, 2023

Discover how to create stunning videos in just seconds with a powerful generative AI tool. Learn about Runway's groundbreaking features, including text-to-video and background removal. The discussion covers the latest AI news, including a study on generative AI adoption and Netflix's new AI job offering. A live demonstration showcases Runway's potential for both creative and marketing uses, making video editing more accessible than ever!

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ADVICE

RunwayML Overview

Explore RunwayML for diverse video editing and creation needs.
It offers text-to-video, background removal, video-to-video, and more.

INSIGHT

RunwayML Impact and Funding

RunwayML simplifies video editing and content creation.
It has received significant funding and investments from major tech companies.

ANECDOTE

RunwayML Gen-2 Demo

Jordan Wilson demonstrates RunwayML's Gen-2 text-to-video feature live.
He uses the prompt "Chicago skyline at sunset as if shot from a drone on the lakeshore."

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Looking to create stunning videos either for your marketing or other use cases? We're breaking down the basics of Runway and showing you how to create amazing videos in seconds.

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Time Stamps:
[00:02:01] Daily AI news

[00:05:09] What is Runway?

[00:09:35] How Runway's computing power works

[00:13:14] Midjourney vs Runway and other details about Runway editing

[00:16:28] Detailed AI-created Star Wars spin-off series

[00:19:08] Impressive results with Runway's AI video

[00:21:20] Bring old photos to life with videos

[00:24:54] Improved media consumption through AI-generated content

Topics Covered in This Episode:
- Amazon Web Services releases new free and paid courses on AI

- Netflix posts a $900,000 AI job amidst actor strikes in the US

- Mention of a study revealing that 70 percent of companies are experimenting with generative AI, but few are investing money in it

- Introduction to Runway

- Speaker explains that Runway is a generative AI tool for video editing

- Various features of Runway are mentioned, including text to video, removing background from video, video to video, and more

- Mention of Runway's recent successful funding round, raising $141 million and being valued at $1.5 billion

- Notable investments in Runway from companies like Google, Nvidia, and Salesforce

- Demonstration of Runway's video generation feature

- Speaker mentions upcoming demonstration of one of the newer features of Runway, which is generating videos from text and images

Keywords:
high-quality videos, Runway, live stream, podcast, newsletter, AI, Amazon Web Services, free courses, paid courses, Netflix, AI job, actor strikes, generative AI, investing, money, text to video, removing background, video to video, $141 million, valued, Google, Nvidia, Salesforce, generating videos, text and images

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