In today's rapidly advancing field of artificial intelligence, AI video generation technology has reached a significant milestone. Runway from New York and Luma AI from San Francisco have almost simultaneously launched their respective video generation APIs to the market, providing developers and businesses with unprecedented creative tools and attracting widespread attention in the industry. Runway's Gen-3Alpha Turbo AI video model API was the first to be unveiled. This product is currently in a phased rollout, initially accessible only to select partners.

Runway ML has launched the AI video generation model Gen-3 Alpha Turbo, which offers a 7-fold increase in speed and a 50% reduction in costs compared to its predecessor, making AI video production more accessible. Turbo is suitable for all plans, including free trials, allowing users to enjoy an efficient video generation experience without incurring additional costs. The generation speed of Gen-3 Alpha Turbo is so fast that it surpasses typing speed, effectively addressing the time lag issue of AI video generation models. In terms of pricing, video costs only $5 per second.