Every Google account now gets 10 free Veo 3.1 video generations per month. Veo 3.1 Lite cuts developer API costs by 50%. Google claims the consumer AI video market post-Sora.
PikaStream 1.0 beta lets AI agents appear in live video calls with 1.5-second latency. Users can invite their Pika AI Self to Google Meet for face-to-face conversation.
Runway invests up to $500K per startup in AI video, media, and world simulation. The Builders program includes 500K API credits and access to the Characters real-time API.
Seedance 2.0 generates synchronized video and audio in a single pass, supports 9 reference inputs, and is rolling out globally through CapCut.
OpenAI is discontinuing its AI video generator Sora after fewer than 500,000 users and unsustainable compute costs killed the product — and a $1B Disney deal with it.
Kuaishou's Kling 3.0 launches with true 4K resolution, built-in audio generation, and multi-shot storyboarding. It's the most complete AI video generator on the market.
Sora 2 and Sora 2 Pro launch at DevDay 2025 alongside AgentKit, ChatKit, and GPT-5 pro. Disney signs a landmark $1 billion licensing deal for 200+ characters.
Veo 3 is the first AI video model to generate video and audio together. 4K output, image-to-video, and multi-image referencing follow with Veo 3.1 in October.