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Meta announced the establishment of a new artificial intelligence model, MovieGen, in the top 20 US stock market transactions. Meta Platforms, ranked fourth, closed up 2.26% with a transaction volume of 8.333 billion US dollars. The company announced on Friday that it has built a new artificial intelligence model called Movie Gen that can create realistic video and audio clips based on user prompts, and claims it can rival tools from leading media generation startups such as OpenAI and ElevenLabs. The Movie Gen sample provided by Meta showcases videos of animals swimming and surfing, as well as using real photos of people to generate dynamic videos. Meta claims that Movie Gen can also generate background music and sound effects synchronized with video content, and use the tool to edit existing videos.
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