Generative Video Startup Pika Labs Launches Version 1.0, Raises $55 Million in Funding

Generative Video Startup Pika Labs Launches Version 1.0, Raises  Million in Funding

About a week after Stability AI announced Stable Diffusion Video, laying the groundwork for AI text-to-video generators, AI startup Pika Labs has announced that it has raised $55 million to push its competing generative video platform further. Alongside the funding, Pika has also announced Pika 1.0, which the company says is “a major product upgrade … Read more