Midjourney to Introduce AI Text-to-Video Model Within Months amid Generative Video Surge
• Midjourney, known for its Discord-based generative image creation tool, announced plans to introduce a text-to-video model within the next few months.
• The company will begin training video models starting in January, aiming for potential release in a few months per CEO David Holz.
• This move represents Midjourney expanding into generative video on the heels of models introduced by Stability AI, Meta, and others.
• Midjourney's latest v6 image generator update aims to make the platform more competitive via improvements in prompt following and realism.
• The rise of AI-generated video has implications for creative industries and beyond in making content easier to produce and potentially reshaping perceptions of reality.