Google Cloud has introduced Veo, a video generation model, and Imagen 3, an advanced image generation tool, on its Vertex AI platform.Veo enables businesses to generate high-quality videos from text or image prompts, reducing production time and costs.Imagen 3 offers photorealistic image generation with improved detail and customization options for businesses.OpenAI's text-to-video tool, Sora, faced a leak on Hugging Face, while competitors like Runway and KlingAI are gaining popularity.