Stability AI's Stable Video Diffusion: Revolutionizing Text-to-Video AI

Stability AI has announced Stable Video Diffusion, an AI model that generates videos by animating existing images. The model is currently in a research preview and users must agree to certain terms of use. While the model can generate high-quality four-second clips, it has limitations such as the inability to generate videos without motion or slow camera pans, render text legibly, or consistently generate faces and people properly. Stability AI plans to develop additional models and a text-to-video tool for commercialization in areas such as advertising, education, and entertainment. The company recently raised $25 million in funding but is facing challenges including delayed wages and the departure of key personnel.