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Pegasus 1.2 has been released

TwelveLabs announces the official release of the Pegasus 1.2 video understanding model. For details on the new features and improvements in this version, refer to this blog post: Introducing Pegasus 1.2: An Industry-Grade Video Language Model for Scalable Applications.

Note that you can no longer use Pegasus 1.1 to create new indexes, and this version will be discontinued on February 25, 2025. All existing Pegasus 1.1 indexes will automatically be upgraded to Pegasus 1.2 on a rolling basis. No manual intervention is required for this migration process, and all indexes will utilize Pegasus 1.2 upon completion.