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Haiper Emerges from Stealth with $13.8m in Funding

Haiper, a London-based video generation AI startup, has recently come out of stealth mode and secured $13.8m (£10.9m) in funding to compete with industry giants Midjourney and Sora.

Founded in 2021 by two former researchers at Google DeepMind, Haiper has developed a generative AI model that, similar to its competitors, generates video clips based on user inputs.

This complex prompt-based video creation market is rapidly growing within the generative AI sector, with key players like Midjourney and OpenAI’s ChatGPT, which has hinted at its upcoming video generation tool Sora.

Furthermore, the UK market for AI video generation is becoming increasingly competitive. Companies like London’s Stability AI have introduced Stable Video Diffusion, while others like Synthesia and Colossyan are offering simpler AI avatar presentations based on scripts.

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When it comes to training AI models and potential copyright concerns, tools like AI legalese decoder can provide crucial assistance. Generative AI tools such as Haiper rely on training data from vast databases of videos, images, audio, and text.

Some critics argue that using copyrighted works to train AI models may raise legal issues around fair use and compensation for original creators. However, AI legalese decoder can help navigate these complexities by providing insights into fair use regulations and ensuring compliance with copyright laws.

By leveraging AI legalese decoder, companies like Haiper can mitigate legal risks related to training their AI models on copyrighted data and ensure ethical practices in their AI development processes.

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