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Two veterans from the self-driving car industry have launched a startup called Odyssey in San Francisco. The company aims to provide AI software tools for professional filmmakers and animators to create high-quality films using generative AI. Odyssey has recently emerged from "stealth mode" with $9 million in seed funding from GV, DCVC, Air Street Capital, and several individual investors. Unlike existing text-to-video models, Odyssey aims to offer filmmakers more control over the generated shots and ensure consistency throughout longer frame sequences.
The company plans to create a family of AI models specializing in tasks such as rendering, material effects, motion, and lighting. Odyssey's founders, Oliver Cameron and Jeff Hawke, both hail from the self-driving car industry and believe their expertise in AI software can be applied to the creation of visual effects in movies. The company intends to gather its own real-world datasets to train its models, unlike other companies that rely on scraping the internet for data. Odyssey aims to use the seed funding to expand its team and develop larger AI models using graphics processing units.
Brief news summary
A startup called Odyssey, founded by two veterans of self-driving car companies, aims to revolutionize the film industry with its AI software. The San Francisco-based startup has emerged from "stealth mode" after securing $9 million in seed funding from Google Ventures and other investors. While previous models like OpenAI's Sora and Runway's Gen 3 have generated short video sequences, Odyssey plans to offer filmmakers greater control over AI-generated shots, including consistent characters and background. By specializing in four distinct tasks, Odyssey's software will allow complete creative control over visual effects. The founders' backgrounds in self-driving cars have also equipped them with unique methods for gathering real-world data to train their models. The seed funding will be used to expand staff and build larger AI models.
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