With the wide release of Sora, OpenAI’s video tool, most of the big tech giants — and some startups — are now racing to create models capable of generating realistic, high-quality videos from text prompts. GenAI video tools could save time and money for filmmakers, but they could also unleash novel copyright issues and a flood of deepfakes. The fiercer the competition in the AI space, the more likely tech companies are to prioritize release dates over safety. Generating AI video requires magnitudes more energy than generating text, which is already straining the power grid. Google, OpenAI and AI startup Runway all offer products that let creators generate short videos with minimal effort. Google announced Veo 2, the latest version of its genAI video tool, a week after Sora’s wider release in December. The company says Veo 2 is now available to early access users in the U.S. who are over 18. But good luck testing it yourself. “No one seems to have any idea how to actually try it out,” tech writer and investor MG Siegler wrote in his blog. “I worked [at Google] for over a decade and I can’t begin to tell you how you access it.” Google hasn’t released pricing details. Google says Veo lets you create clips up to two minutes long, which means it could generate very short films.

Full report : AI video tools: OpenAI’s Sora, Google’s Veo 2 and Runway’s Gen-3 Alpha compared.