Runway has unveiled the Gen-3 Alpha Turbo model, which utilizes the latest artificial intelligence technology to create videos at a lightning-fast speed. This new model, an evolution of the previous Gen-3 Alpha, boasts the ability to generate videos 7 times faster while cutting costs in half compared to its predecessor.
The Gen-3 Alpha Turbo model is now available to all Runway customers, with a free usage plan included. Runway’s goal is to empower users to access AI-generated video creation on a wide scale.
Cristóbal Valenzuela, CEO of Runway, emphasized the increased speed in video creation with the new AI model. Users may notice that crafting prompts may take longer than waiting for the video to be generated.
Source: VentureBeat
TLDR: Runway introduces Gen-3 Alpha Turbo, a cutting-edge AI model that accelerates video creation speed and reduces costs, offering free access to all customers. CEO Cristóbal Valenzuela highlights the efficiency of the new model in producing videos.
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