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Models

Multimodal models

50/ 100
What it is

Models that understand and produce text, images, audio and video together.

Ranks moderate (50/100) — set apart by rising momentum (64) and recent news intensity (21).

18
Companies exposed
8
Makers & suppliers
Now
Horizon
Active
Status

Why it matters

They broaden applications but intensify resource needs.

Why now

Multimodal capabilities are becoming table stakes, raising compute intensity.

If Multimodal models runs short

Media-heavy workloads strain memory and serving economics.

In depth · editorial + model

Multimodal models are systems that take in and generate more than one kind of data at once — text, images, audio and video handled inside a single model rather than stitched together from separate tools. They matter because they widen the range of things AI can do, from describing a photo to editing a clip, and that breadth is quickly becoming the baseline buyers expect rather than a premium feature. The catch is that pixels and audio frames are far heavier than text, so every new modality raises the compute and memory a model burns per request.

If serving capacity runs short, media-heavy workloads are where the strain shows first: they consume the most memory and bandwidth per query, and their unit economics deteriorate fastest when hardware is scarce. That exposure runs toward the labs building these systems — MiniMax, StepFun, Zhipu AI, ByteDance and video specialist Runway — as well as incumbents like Adobe folding generative media into existing creative tools. The capability is a demand multiplier: each modality added is another claim on the same tight pool of accelerators and memory.

How to think about it

  • Capability growth raises resource demand

What to watch

  • Media token cost
  • Multimodal serving efficiency

Frequently asked

What is Multimodal models?

Models that understand and produce text, images, audio and video together.

Why does Multimodal models matter for AI?

They broaden applications but intensify resource needs.

Who makes Multimodal models?

The companies the model tags as producers or suppliers of Multimodal models: MiniMax, StepFun, Runway AI, Inc., Zhipu AI (Z.ai), ByteDance, ElevenLabs.

Which companies are most exposed to Multimodal models?

MiniMax, StepFun, Runway AI, Inc., Zhipu AI (Z.ai), ByteDance, Adobe — 18 companies in total are mapped to Multimodal models.

What happens if Multimodal models runs short?

Media-heavy workloads strain memory and serving economics.

Where does Multimodal models sit in the AI value chain?

Multimodal models sits in the Models layer of the AI value chain.

Go deeper on Multimodal models

  • The materials, geographies and policies it depends on — heat-mapped
  • Substitutes, relief valves and the domino chains if it tightens
  • The live tension score, momentum and news drivers
  • Four levels of analysis — from plain-English to strategic

model v0.7.0 · research, not advice

Model scores are illustrative reads from our model of the AI value chain — not investment advice.

as of 2026-07-17Medium confidence model v0.7.0
The whole chain