Pika 1.0: video generation and editing from text, images and video
In one sentence Pika launches Pika 1.0, a new model and web platform for generating and editing video in many styles, and announces a $35M Series A led by Lightspeed, for $55M raised in total. The company claims over 500,000 users.
Pika, a startup founded by Demi Guo and Chenlin Meng, former Ph.D. students at the Stanford AI Lab, unveils Pika 1.0: a major upgrade to its AI video tool, which until then had been used mostly through Discord.
Pika 1.0 generates video from text in different styles, such as 3D animation, anime or cinematic, and lets users change elements of an existing video with a prompt, for example swapping an outfit. It also brings a website usable on desktop and mobile, with access through a waitlist.
At the same time the company announces it has raised $55M in total and claims more than half a million users generating millions of videos a week.
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Pika 1.0
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