Vincent Video stands out in the Silicon Valley AI track and explores unlimited imagination space

Enter text on a picture or video page, and then the picture or video will generate a new video according to the meaning of the text. This is the gameplay of Pika Labs, the most popular AI application in Silicon Valley in the United States in recent times. This application is far more popular than imagined. It is understood that in the past two months, the number of people on Pika Labs' Discord server has grown to more than 160,000, and the number of users has reached about 500,000. As a result, Xinyada, a listed company where the father of one of the founders, Guo Wenjing, works, has risen by the daily limit for two consecutive trading days, but Xinyada and Pika have no equity relationship.

It has only been established for 7 months. The investment institution has a great background

The company’s official website is very simple, with an application entrance and a podcast article to introduce itself.

What needs to be rewritten is: Screenshot of Pika official website

Pica Lab was established in April this year

The company’s vision for Pika Labs is to empower everyone to be the director of their own story and inspire everyone to become a creator. On November 28, the company launched Pika 1.0, a major product upgrade that includes a new AI model that can generate and edit videos in various styles such as 3D animation, anime, cartoons, and movies, as well as making it easier to Use a new network experience.

At the same time, the blog article also introduced the company’s latest financing status. The company's current financing amount is US$55 million. Among them, the angel round investment was led by Nat Friedman and Daniel Gross, and the Series A financing was led by Lightspeed Venture Partners.

The company’s investors are all well-known, including OpenAI founding member Andrej Karpath, former Github CEO Nat Friedman, Q&A website Quora founder and CEO Adam D'Angelo, Ramp co-founder Zach and other well-known figures

Founder’s wonderful resume

The resume of the company’s founder is also eye-catching, in addition to the prominent reputation of the investor

Demi Guo, the founder and CEO of Pika Labs, joined the National Mathematical Olympiad Training Team in high school and won a silver medal in the International Mathematical Olympiad Competition in 2015. Guo Wenjing received a bachelor's degree in mathematics from Harvard University, while studying for a master's degree in computer science, and transferred to Stanford to study for a doctorate, studying under professors Ron Fedkiw and Chris Manning, conducting research in the intersection of graphics and natural language processing

In an interview with the media, Guo Wenjing said that there are currently 4 full-time employees in the company. In addition to her, CTO Chenlin Meng received a bachelor's degree in mathematics from Stanford and then studied for a doctorate in computer science at Stanford. He published more than 30 articles in 3 years. Among them, the DDIM paper she participated in is one of the important papers on content generation. Karli Chen is a classmate of Guo Wenjing High School. She won the top 12 in the country in the high school information competition and is a member of the international training team for the physics competition. She mainly works in engineering. In addition, the company has many part-time and intern members, most of whom are Stanford undergraduates and Ph.D.

Guo Wenjing said that when she was studying for a PhD, she hoped to use artificial intelligence to change the game industry. However, the video industry is less mature than the game industry and has greater room for change, so she finally chose to enter the video industry. In April this year, Guo Wenjing and Chenlin Meng both dropped out of Stanford University to start their own businesses and established Pika Labs.

Congested venue

Video generation artificial intelligence has recently replaced large language models and become the most popular track in Silicon Valley. In addition to Pika Labs, there are many companies that have become the focus of investment institutions. Including Runway, Stability AI, etc. have released their own video generation tools.

Founded in 2018, Runway has launched more than 30 artificial intelligence tools to meet the needs of individual and enterprise users. These tools include text to image, image to image, replace background, green screen, erase and replace, etc. for still images or videos. RunwayML products have been used in Hollywood blockbusters, such as "The Universe" and other award-winning films. Motion Brush is a new product of Runway. It has recently been updated with the "motion brush function". Users can easily create smooth and lifelike dynamic video effects by simply painting on static images.

Runway received US$100 million in financing in May this year, and its valuation reached US$1.5 billion

British artificial intelligence start-up Stability AI was established in 2019. The company's best-known product is Stable Diffusion, a Vincent graphics app, and they recently launched their first Vincent video model, Stable Video Diffusion, which can also generate videos from images. However, the company's recent development has not been smooth. In October 2022, the company announced that it had received US$101 million in financing, with a valuation reaching approximately US$1 billion, making it an AI unicorn. Recently, however, Coatue, an investor in the company, publicly questioned the company's management team and attempted to sell the company

In addition to start-ups, competitors on this track also include Emu Video launched by technology giant Meta, and PixelDance launched by ByteDance, etc.

The content that needs to be rewritten is: Yue Yanan serves as the editor

The content that needs to be rewritten is: Proofreading: Wang Wei

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