Meta, the parent company of Facebook, has officially announced an innovative new artificial intelligence tool called Movie Gen, capable of generating realistic videos complete with music from simple text prompts. This exciting development places Meta in direct competition with OpenAI’s recently unveiled Sora, a similar video generation tool.
Movie Gen is designed to create new videos, edit existing footage, or transform images into dynamic video formats. According to Meta, the tool can produce videos lasting up to 16 seconds, running at 16 frames per second—ideal for quick, engaging content.
While Movie Gen is not yet available to the public, Meta is actively working towards a future release, raising anticipation among content creators and tech enthusiasts alike.
In a further boost to its market presence, shares of Meta hit a new record high on Friday, rising 2% to $594.25 in afternoon trading. The company has seen its stock value surge by more than two-thirds since the beginning of the year, reflecting strong investor confidence in its innovative advancements.
As Meta continues to explore the intersection of AI and video production, Movie Gen could reshape how we create and consume digital content, paving the way for a more dynamic and accessible video landscape. Stay tuned for what’s next in this evolving story!
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