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Singapore-based video-generation startup PixVerse said today that it has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion. With the cash, the company aims to expand its world model offering and…
Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries. Video generation via the new model is available only to paying subscribers of Google’s AI Pro plan, and is capped at 3 videos per day. Veo 3, which Google showed off in…
Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company’s generative AI models into third-party platforms, apps and services. Currently in limited access (there’s a waitlist), the Runway API only offers a single model at present — Gen-3 Alpha Turbo, a faster but…