Midjourney launches its first video generator V1, allowing users to animate existing images, marking the company's shift towards creating multimedia content.
Launch of V1 and its Features
Midjourney has unveiled its new video generator V1, allowing users to animate uploaded or AI-generated images. Video generation occurs at 24 frames per second at a resolution of 480p. V1 enables users to use any images and apply manual settings for controlling the model's outputs.
Pricing and Subscription Plans
The company has announced that the charge for video generation will be 8 times higher than that for images. A basic subscription at $10 per month will allow limited video usage, while a $60 per month subscription will ensure unlimited generations in the slower mode. Midjourney plans to regularly reassess its pricing for video models.
Future of Midjourney Technologies
Midjourney CEO David Holz has outlined future plans, stating that the ultimate goal of V1's technology is to create models capable of generating open worlds in real-time. This will allow users to interact with the environments and characters they create in real-time.
The launch of V1 represents a significant step forward for Midjourney technologies, opening new opportunities for users in multimedia content creation.
