Key Takeaways
- Meta unveiled a new artificial intelligence (AI) tool that can generate realistic videos with accompanying music from text inputs.
- Meta’s Movie Gen is a direct competitor of OpenAI’s Sora.
- Movie Gen isn’t publicly available but the company said it’s working toward a future release.
Meta (META) unveiled a new artificial intelligence (AI) tool that can generate realistic videos with accompanying music from text inputs.
Meta’s Movie Gen can create new videos, edit existing ones, or adapt images into video form, the company said Friday. Specifically, it can create videos up to 16 seconds long that run at 16 frames per second.
Movie Gen rivals the video generator from Microsoft (MSFT)-backed OpenAI, which announced its product, Sora, in February.
Meta’s Movie Gen isn’t publicly available yet, but Meta said it’s working toward a potential future release.
Shares of Meta hit another record high Friday, and were up 2% at $594.25 in afternoon trading. They’ve gained more than two-thirds of their value since the start of the year.