Luma has released Ray2, its latest AI model for video generation. The new model has been scaled to 10 times the compute power of its predecessor and uses a new multimodal architecture. Luma says it's better at natural-looking movement and fine details, while maintaining consistency throughout each scene. Text-to-video generation is available to subscribers through Luma's Dream Machine platform, with image-to-video, video-to-video, and editing tools in upcoming releases. The company also plans to make Ray2 accessible through its API soon.

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Online journalist Matthias is the co-founder and publisher of THE DECODER. He believes that artificial intelligence will fundamentally change the relationship between humans and computers.
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