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In June, Runway – a Google-backed startup whose visual effects tools were used to help make the mind-bending graphics in Oscar winner Everything Everywhere All At Once – introduced its Gen-2 model. The new version lets anyone generate full-blown videos from just text prompts, images, or other videos. Runway co-founder and CEO Cristóbal Valenzuela compares the new tech to the invention of the camera 200 years ago. “AI is a new kind of camera,” he says, “that will reshape storytelling forever and lead to full feature films that are entirely generated.”

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