Alternatives to Luma Dream Machine

3 tools that cover the same need, each with the one difference that matters most.

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Runway
Generative video and image models sold in monthly credits, from US$12 a month with a one-time free allowance.
Why it’s an alternative: Comparable generative models with a free trial allowance and a US$12 entry plan.
Differs on: Free plan, paid from $12/mo, while Luma Dream Machine is flat rate from $30/mo.
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invideo AI
Prompt-to-video tool sold in monthly credits, from US$17 a month billed annually.
Why it’s an alternative: Assembles a finished video from a prompt instead of producing raw generated shots.
Differs on: Flat rate from $17/mo, while Luma Dream Machine is flat rate from $30/mo.
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Descript
Text-based video and audio editor with AI generation, free for an hour a month and US$16 a month above that.
Why it’s an alternative: The editor to put generated footage into, with captions and voice work.
Differs on: Free plan, paid from $16/mo, while Luma Dream Machine is flat rate from $30/mo.
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Runway lists Luma Dream Machine as an alternative in turn. Alternatives are editorial relations, never votes.