Meta's New AI Model Rivals OpenAI with Video and Sound Generation

- Meta has developed a new AI model, Movie Gen, capable of creating realistic video and audio clips.
- The model can generate background music and sound effects, and edit existing videos.
- Movie Gen's videos can be up to 16 seconds long, and audio up to 45 seconds.
- Meta is working with the entertainment community on uses of Movie Gen, planning to incorporate it into its own products next year.
- The company used a mix of licensed and publicly available datasets to build Movie Gen.

Source: [Reuters](https://www.reuters.com/technology/artificial-intelligence/meta-challenging-openai-announces-new-ai-model-that-can-generate-video-with-2024-10-04/)