Core Viewpoint - The article discusses the innovative capabilities of Luma AI's new video modification tool, Modify Video, which allows users to transform videos with high precision while maintaining original actions and movements [8][10][21]. Group 1: Features of Modify Video - Modify Video enables users to reimagine any video, allowing for advanced control over characters, scenes, and actions without altering the original movements [9][10]. - The tool offers three main functionalities: motion capture, style transfer, and single element editing, allowing for seamless transitions and modifications [16][18][19]. - Users can extract and transfer full-body, facial, or lip movements from one video to another, enhancing creative possibilities [18]. Group 2: Performance Comparison - Luma AI's Modify Video outperforms competitors like Runway in various key metrics, including motion fidelity and visual quality [21][28]. - The tool maintains high structural similarity to the original video input and follows the motion and facial animations accurately [30]. - In blind tests, Luma demonstrated superior performance in terms of viewing pleasure and temporal consistency compared to Runway [30][28]. Group 3: Company Background - Luma AI was founded in 2021 by Amit Jain and Alex Yu, focusing on computer vision technologies for video, 3D, and image generation [31][35]. - The company has attracted significant investment, including a recent funding round of $900 million in December 2024, with notable investors such as Amazon and AMD [35][36].