AI Video Generation in 2026: Runway, Veo, Wan and More Compared

AI video generation has crossed a meaningful threshold in 2026. What used to require a professional production team can now be done with a single prompt - or a self-hosted GPU setup. This guide compares the top models so you can pick the right one for your needs.

Proprietary Models

Veo 3.1 (Google DeepMind)

Veo 3.1 is Google's flagship video model and the strongest commercial option for 4K production. It supports native vertical video, a reference image system for character consistency across clips, and SynthID watermarking. Limited to 8-second clips. Pricing: $19.99/mo via Gemini Advanced.

Runway Gen-4.5

Runway Gen-4.5 leads in professional film production. It uses a hybrid diffusion and neural rendering architecture for superior physics accuracy, material dynamics, and granular camera and motion control via Motion Brush. Credit-based pricing can be hard to predict at scale. Starts at $12/mo.

Kling 2.6 (Kuaishou)

Kling 2.6 stands out for synchronized audio-visual generation in a single pass. It supports clips up to 2 minutes, making it ideal for short-form narrative content and tutorials. Output is optimized for social media dimensions. Free tier available with paid plans.

Luma Ray3

Luma Ray3 focuses on photorealistic physics with accurate light, shadow, and caustic rendering. It is the most affordable commercial entry point at $7.99/mo for the Lite tier, though advanced features require higher plans.

Open-Source Models

Wan 2.2 (Alibaba)

Wan 2.2 is the go-to choice for self-hosting on consumer hardware. It uses a Mixture-of-Experts architecture with 27B total parameters (14B active) and supports text-to-video, image-to-video, video editing, and audio. The T2V-1.3B variant runs on an RTX 4090 with just 8.19GB VRAM. Completely free and open source.

HunyuanVideo 1.5 (Tencent)

HunyuanVideo 1.5 uses a dual-stream transformer with a 3D causal VAE for high visual quality and strong text alignment. It beats many commercial models in benchmarks, though it requires at least 13.6GB VRAM. Free and open source.

LTX-2 (Lightricks)

LTX-2 offers native 4K/50fps output and integrated audio generation with documented commercial data provenance from Getty and Shutterstock. Licensed under Apache 2.0 for individuals and small organizations, with separate terms for companies over $10M ARR.