Luma AI releases Ray3.14, 4x faster with 3x lower cost

Luma AI released Ray3.14 on January 26, 2026, an optimized version generating native 1080p video approximately 4x faster with 3x lower cost per clip than the original Ray3. Ray3.14 prioritizes speed and cost efficiency while Ray3 remains available for professional productions requiring multi-scene narratives with character consistency and HDR output.