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Luma AI

Luma AI is the generative AI lab behind Dream Machine (30M+ users) and Ray3, the first reasoning video model. 16-bit HDR, ACES EXR, Ray3 Modify for real performances. $4B valuation. Partners: Adobe, HUMAIN, Amazon. Free/from $9.99/mo.

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Description

Luma AI

Overview

Luma AI is a generative AI lab building multimodal general intelligence. Its flagship platform Dream Machine enables professional-grade video and image generation. In 2025, they launched Ray3, the world's first reasoning video model.
Founded in Sep 2021 by Amit Jain (ex-Apple Vision Pro), Alex Yu, and Alberto Taiuti in Palo Alto, CA.
With $1.07B in funding and $4B valuation (Nov 2025), Luma is one of the leaders in AI video generation. Partners: Adobe, HUMAIN, Amazon, AMD, NVIDIA.

Products

Dream Machine

Main platform for video and image generation.
  • 30M+ users
  • Text-to-video, Image-to-video
  • Keyframe control, video extension
  • Camera motion control
  • Up to 4K resolution

Ray3 (Sep 2025) - Flagship Model

The world's first reasoning video model:
  • Understands intent, evaluates outputs, refines results
  • Native 16-bit HDR (10/12/16-bit)
  • ACES EXR format for Hollywood pipelines
  • Draft Mode: 20x faster, 5x more credit efficient
  • 2x+ larger than Ray2
  • Visual annotations: Draw to direct motion

Ray3 Modify (Dec 2025) - NEW

Hybrid-AI workflow for real performances:
  • Keyframes (Start & End Frame): Transition control
  • Character Reference: Apply character identity over real performance
  • Preserves original performance: Motion, timing, emotional delivery
  • Enhanced Modify Video: Maintains physical logic and narrative coherence
  • Change backgrounds, lighting, costumes, weather

Photon (Nov 2024)

Image generation:
  • Ultra high quality
  • 10x more cost efficient
  • Universal Transformer architecture

Genie

Text-to-3D in ~10 seconds:
  • Export OBJ/GLTF
  • For gaming, VR, visualization

Interactive Scenes

  • NeRF, Gaussian Splatting
  • Embeddable 3D scenes for web
  • Export to Blender/Unity/Unreal

iOS App: Luma 3D Capture

  • iPhone 11+ (no LiDAR required)
  • 3D capture with smartphone

Dream Lab LA (Jul 2025)

Physical studio in Hollywood:
  • Verena Puhm (Head, ex-CNN/BBC/Netflix)
  • Jon Finger (Creative Workflow, ex-Paramount/Netflix)
  • Creative hub for filmmakers
  • Embedded support for studios

Dream Machine Pricing (2025)

PlanPriceCredits/moCommercial
Free$0500❌ Watermark
Lite$9.99/mo3,200❌ Watermark, non-commercial
Plus$29.99/mo10,000✅ No watermark
Unlimited$94.99/mo10K fast + unlimited relaxed✅ Commercial
EnterpriseCustomCustom✅ Data privacy

Ray3 Credit System

Resolution5 sec10 sec15 sec20 sec
540p SDR160320--
720p SDR3206409601,280
1080p SDR3306609901,320
540p HDR6401,280--
720p HDR1,2802,560--
HDR + EXR1,120-2,2402,240-4,480--
  • Draft Mode: 5x more efficient
  • Hi-Fi upscale: Additional credits
  • Top-up credits: $4 for 1,200 credits (valid 12 months)
  • Annual: 20-30% discount
  • Education: 30% discount

API Pricing

  • ~$0.32/million pixels
  • Separate credits from Dream Machine

Partnerships

  • Adobe (Sep 2025): Ray3 integrated in Adobe Firefly (first external partner)
  • HUMAIN: Project Halo - 2-gigawatt AI supercluster in Saudi Arabia
  • AWS: Amazon partnership
  • Launch Partners: Dentsu Digital, Monks (S4), Galeria, Strawberry Frog

Technology

  • Universal Transformer architecture
  • Reasoning system for evaluation and refinement
  • NeRF/Gaussian Splatting for 3D
  • Max video: 10s/generation, extendable to ~30s
  • Up to 4K resolution
  • Audio not yet supported (2025)

PROS ✅

  • First reasoning model (Ray3)
  • Only with 16-bit HDR ACES EXR for Hollywood
  • Ray3 Modify preserves real performances
  • Dream Lab LA - Physical Hollywood studio
  • Adobe partnership - First partner in Firefly
  • Draft Mode - 20x faster for iteration
  • Keyframe control - Start & End frame
  • Character Reference - Character consistency
  • API available for developers
  • Generous free tier - 500 credits

CONS ❌

  • No audio yet (2025)
  • Credits run out fast with HDR/4K
  • Learning curve for advanced features
  • Watermark on Free and Lite plans
  • Only 10 sec max per generation
  • Complex pricing with multiple variables

Why Choose Luma AI?

Choose Luma AI if:
  • You need Hollywood quality (HDR, EXR)
  • You work with real performances (Ray3 Modify)
  • You want keyframe/character control
  • You need fast iteration (Draft Mode)
  • You use Adobe Creative Cloud
  • You need API for integration
Don't choose Luma AI if:
  • You need audio in videos
  • Very limited budget
  • You only need simple videos
  • You prefer simpler pricing

vs Competitors

vsLuma WinsCompetitor Wins
RunwayNative HDR, Ray3 ModifyGen-3 more mature
Sora (OpenAI)Available now, APIMore duration (when launched)
PikaProfessional qualityCheaper
Kling AIHDR, partnershipsMore accessible
Google VeoAvailabilityGoogle integration

Customers / Partners

Adobe, HUMAIN, Amazon, AMD, NVIDIA, Dentsu Digital, Monks (S4), Galeria, Strawberry Frog

Metrics (2025)

  • $1.07B funding total
  • $4B valuation (Nov 2025)
  • 30M+ users Dream Machine
  • ~$8M ARR (2024)
  • 51-100 employees

Key Features

Ray3 first reasoning video model

Ray3 Modify for real performances

Native 16-bit HDR ACES EXR

Draft Mode 20x faster

Keyframes Start and End Frame control

Character Reference character consistency

Text-to-video image-to-video

Camera motion control

Video extension up to 30 seconds

Photon image generation

Genie text-to-3D in 10 seconds

NeRF Gaussian Splatting 3D scenes

iOS app 3D capture

API available for developers

Up to 4K resolution

Adobe Firefly integration

Dream Lab LA Hollywood studio

Visual annotations for directing

Hi-Fi upscale to 4K HDR

Modify Video preserves physics and narrative

Use Cases

Professional video production

Commercials and advertising

Film VFX and post-production

Social media content creation

Fast visual prototyping

Gaming and 3D assets

Virtual and augmented reality

Music videos

Trailers and teasers

Branded content

Educational videos

Product visualization

Architectural visualization

Fashion and lifestyle

Sports highlights

Documentary footage

Animation and motion graphics

E-commerce product videos

Corporate presentations

Creative exploration and mood boards

Information

Company

Luma AI

User Reviews