Luma AI is an innovative platform that leverages advanced artificial intelligence to enable users to create lifelike 3D models and high-quality videos from simple text descriptions or images. Their flagship product, Dream Machine, utilizes a scalable transformer architecture trained directly on videos, allowing for the generation of physically accurate and consistent scenes. Luma AI also offers tools for 3D scene capture and reconstruction, making it accessible for applications in gaming, virtual reality, and digital content creation.