Midjourney, an AI company, has released its first AI video model, V1. This new model allows users to transform still images into moving videos.
Users can create videos from their own images or those generated by Midjourney's AI. The launch of V1 puts Midjourney in competition with OpenAI's Sora, Runway's Gen-4, Adobe's Firefly, and Google's Veo 3.
Midjourney's CEO, David Holz, stated the company aims beyond commercial applications, focusing on creative aspects. Midjourney plans to enhance its AI model's capabilities for 3D rendering and real-time work. Users can subscribe starting at $10 per month to access the feature.