Competition in AI Video Generation Heats Up as DeepMind Alums Unveil Haiper

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By Ethan Shaw

2/11/2021

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In the fast-paced world of artificial intelligence, where innovation and creativity intersect, the realm of video generation has become a battleground for tech giants and startups alike. The recent unveiling of Haiper by two former DeepMind employees, Yishu Miao and Ziyu Wang, has set tongues wagging and pulses racing in the AI community.

The journey of Haiper began with Miao's and Wang's expertise in machine learning and their shared passion for pushing boundaries. Their initial foray into 3D reconstruction using neural networks eventually led them to the alluring realm of video generation. As Miao succinctly put it, the allure of crafting lifelike videos proved to be more captivating than their previous endeavors.

With a robust seed funding of $13.8 million led by Octopus Ventures and 5Y Capital, Haiper has quickly gained momentum in the competitive landscape. The support from renowned angels like Phil Blunsom and Nando de Freitas has further solidified the company's foundation, propelling it towards its vision of democratizing video generation.

Haiper's user-friendly interface allows anyone to dip their toes into the world of AI-powered video creation. By simply inputting text prompts, users can witness their ideas come to life in the form of compelling two-second HD videos or slightly longer four-second clips. Additionally, the platform offers unique features like image animation and video restyling, hinting at the endless possibilities that lie ahead.

With a focus on community building, Haiper aims to keep its current features free of charge, fostering a spirit of collaboration and exploration. While commercial partnerships with companies like [JD.com](http://jd.com/) are on the horizon, Miao emphasizes the importance of nurturing the core community first before delving into monetization strategies.

As Haiper continues to refine its video-generation model, the team remains dedicated to addressing crucial challenges, such as the uncanny valley phenomenon. By prioritizing the realism and authenticity of AI-generated content, the company sets its sights on establishing a new standard in video production.

Amongst its competitors, Haiper faces formidable players such as OpenAI's Sora, Runway backed by Google and Nvidia, and industry giants like Google and Meta with their proprietary models. However, with a focus on rapid iteration and community feedback, Haiper remains confident in its ability to carve out a unique position in the market.

As Rebecca Hunt from Octopus Ventures aptly puts it, differentiation in the video-generation space will be paramount in the coming years. With the potential for AI-driven content creation to revolutionize industries, the race for innovation and excellence is only just beginning.

In a landscape brimming with promise and potential, Haiper stands as a beacon of creativity and ingenuity, driving towards a future where AI and human imagination converge seamlessly. As the narrative of AI video generation unfolds, Haiper's story is poised to leave an indelible mark on the ever-evolving tech landscape.

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