creator
Runway
Free · $12+AI video · Video editing
Video and image generation platform built by Runway AI, offering its own Gen-4/Gen-4.5 models alongside third-party models like Kling and Veo.
Updated September 2026
Best Canva AI Video (Magic Media / Dream Lab) alternatives (2026)
The closest Canva AI Video (Magic Media / Dream Lab) alternatives are Runway, Google Veo (via Flow), Adobe Firefly (Video), based on overlapping categories and platforms. Canva AI Video (Magic Media / Dream Lab) is best for quick AI video clips inside an existing design/social workflow and starts at $15/mo.
Google Veo (via Flow)
$19.99AI video · Video editing
Google's Veo video generation models accessible through the Flow creative studio and the Gemini app, bundled with Google AI subscriptions.
Adobe Firefly (Video)
Free · $9.99+AI video · Video editing
Adobe's generative AI video generator inside Firefly, combining Adobe's own model with partner models like Veo, Kling, and Runway.
InVideo AI
$20AI video · Video editing
AI video generation and editing platform that turns prompts into full videos using Seedance and other generative models plus a timeline editor.
Pictory
$25AI video · Video editing
AI video tool that turns scripts, blog posts, and long-form content into short branded videos with stock footage and avatars.
Lumen5
Free · $19+AI video · Video editing
AI video maker that converts blog posts and text into social media videos using templates, stock media, and AI voiceover.
CapCut AI Video Generator
Free · $19.99+AI video · Video editing
ByteDance's free video editor with a built-in AI video generator (Seedance models) for text-to-video, avatars, and templates.
Kling AI
Free · $6.99+AI video
Chinese AI video generator developed by Kuaishou, offering text-to-video and image-to-video generation up to 1080p.
Pika
FreeAI video
AI video generator known for stylized effects like Pikaffects, Pikadditions, and Pikaswaps for social-style clips.
Luma Dream Machine
Free · $9.99+AI video
Luma AI's Dream Machine platform generates video from text and images using the Ray series of models.
Read the full Canva AI Video (Magic Media / Dream Lab) review →
Questions people ask
+What is the best alternative to Canva AI Video (Magic Media / Dream Lab)?
Runway is the closest match: it is best for professional filmmakers and VFX/post-production teams and starts at $12/mo.
+Is there a Canva AI Video (Magic Media / Dream Lab) alternative with a free trial or free plan?
Yes: Runway, Adobe Firefly (Video), Lumen5, CapCut AI Video Generator, Kling AI, Pika, Luma Dream Machine.