<ul data-eligibleForWebStory="true">Midjourney Inc. unveiled its new V1 AI model, capable of generating videos up to 21 seconds long.The company initially focused on AI image generators and now caters to around 21 million users.Midjourney generates revenue through a subscription-based cloud service allowing users access to its models.Its latest service includes a gallery feature with an option to animate images using the V1 model.V1 can extend the initial 5-second clip up to 21 seconds, surpassing the capabilities of Google's Veo 3 and OpenAI's Sora models.Users can let V1 autonomously animate images or customize the process by providing prompts.V1 offers settings to align with the user's prompt closely or add creative elements for a unique touch.The model allows customization of motion levels for different scene types, from low to high motion.V1 arrives after the release of Midjourney's V7 AI image generator, known for faster speeds and enhanced image quality.AI generators like V1 typically utilize a diffusion approach, reconstructing images to create new ones.Video generators like V1 feature temporal modules to maintain object consistency across frames and frame display order tracking.Midjourney plans to focus on training AI models for interactive 3D simulations, with V1 being a stepping stone in this long-term effort.