The innovative research lab Midjourney, known for its advancements in artificial intelligence, has recently made an announcement about the imminent release of their new product – an AI-based video generator.
CEO David Holz indicated that the training of the AI model will commence in January, with the tool expected to be launched in the following months. While it may not be the pioneer in this field, there are several factors suggesting that it could emerge as a top contender.
The Rise of Midjourney
Starting its journey in February 2022, Midjourney has quickly risen to prominence in the AI industry. The lab specializes in generating images from text inputs, employing a method known as “prompts”. This technique is similar to those used by various competitors, including DALLE-3 and Adobe Firefly. Despite its primary operation through a Discord bot, Midjourney has earned a reputation as a leading image generator globally, praised for its sophisticated language understanding, surreal outputs, and remarkably photorealistic images.
Applications and Upgrades of Midjourney’s Tool
Midjourney’s tool has been a popular choice for creating mood boards and elaborate zoom-out videos, with a guide available for the latter. The upcoming version, Midjourney V6, was released just before Christmas, within a year of its fifth iteration. While still in its early alpha stage and missing some features of its predecessor, V6 shows promise in generating more lifelike images than ever before. The nine-month development process has enhanced the model’s coherence, sensitivity to language, and text illustration capabilities.
Midjourney’s Position in the Video Generation Market
Currently, Midjourney is not the leading force in video generation. The market features strong contenders like Runway ML, Google’s movie generators, the beta-phase Pika, and the latest from Stability AI – Stable Video Diffusion. Even the renowned image generator Leonardo AI recently added a feature to transform images into motion. Despite entering an already crowded field, Midjourney’s foray into video generation may signal significant advancements in AI technology, mirroring the success of its image generator.
Addressing Ethical Concerns and Anticipated Developments
Midjourney, along with others in the field, has faced criticism for using artists’ works to train their models without proper authorization. The company’s approach to these ethical issues will be closely watched. The announcement of the Midjourney video model was made during a weekly office hours session on Discord, but further details about its functionality and release date are yet to be revealed.
News source: https://www.midjourney.com/home?callbackUrl=%2Fexplore
