Pika Labs wrote in a blog post that the new version of its platform will be available on Discord as well as through a dedicated website accessible on mobile and desktop. It can even add new objects, props and characters to videos, delivering a whole new video creation experience. Users can also upload the content and give text prompts to perform edits like expanding the canvas or aspect ratio of the clip, directing the model to predict content beyond the original video. It can produce 3D animations, live-action content, cinematic videos and even change moving objects (like a horse or an outfit) with simple text prompts.īeyond text-to-video, Pika 1.0 will support image-to-video and video-to-video capabilities, allowing users to transform their existing content into different video styles.įor instance, it could bring a meme to life or convert a cinematic video into an animated one. Pierre November 28, 2023Īll a user has to do is prompt the tool with the style envisioned and the model behind will produce the result in seconds. This video gives you a taste of what’s to come. Runway is cool and all but don’t sleep on had a chance to peek at what they’re working on with Pika 1.0 and it’s absolutely incredible. With Pika 1.0, the next version of the video AI platform powered by a new AI model, Pika Labs is giving users an easy web interface instead of the Discord app, where they can create and edit higher-quality videos with simple text prompts. Our vision is to enable anyone to be the director of their stories and to bring out the creator in all of us,” Guo, who is the CEO of the company said in a statement. “We know firsthand that making high-quality content is difficult and expensive, and we built Pika to give everyone, from home users to film professionals, the tools to bring high-quality video to life. Other investors who participated in the earlier rounds were Elad Gil, Adam D’Angelo, Andrej Karpathy, Clem Delangue, Craig Kallman and Alex Chung. This engagement has also drawn investor attention, with the company raising $20 million in quick succession across pre-seed and seed rounds led by Nat Friedman and Daniel Gross. According to the company, its top users on Discord spend up to 10 hours a day creating videos with its offering. Since then, the product has evolved into a sophisticated tool generating millions of videos each week. students in Stanford’s Artificial Intelligence Lab, launched the first version of Pika on the separate messaging app Discord in late 2023. Pika says its product, which is already used by over half a million people, is open for sign-ups and will be gradually made available to users, making everyone a creative video director and producer.ĭemi Guo and Chenlin Meng, former Ph.D. Adobe is also experimenting in the same area and has showcased a bunch of tools that can generate and edit objects in videos. The news marks the latest development in the rapidly evolving AI-driven video-generation game and puts Pika right against competitive offerings from Runway and Stability AI. See some examples in the promotional video Pika published and which we have uploaded and embedded below. The company also unveiled Pika 1.0, a new web platform building upon its earlier beta release that allows users to generate and edit videos in diverse styles such as 3D animation, anime or cinematic – just from text prompts. Today, Pika Labs, a six-month-old video AI startup, announced it has raised $35 million in a series A round of funding led by Lightspeed Venture Partners, alongside earlier side rounds, putting the total raised by the young firm at $55 million. Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour.
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