Pegasus-v1 Technical Report
Authors: name: Raehyuk Jung, name: Hyojun Go, name: Jaehyuk Yi, name: Jiho Jang, name: Daniel Kim, name: Jay Suh, name: Aiden Lee, name: Cooper Han, name: Jae Lee, name: Jeff Kim, name: Jin-Young Kim, name: Junwan Kim, name: Kyle Park, name: Lucas Lee, name: Mars Ha, name: Minjoon Seo, name: Abraham Jo, name: Ed Park, name: Hassan Kianinejad, name: SJ Kim, name: Tony Moon, name: Wade Jeong, name: Andrei Popescu, name: Esther Kim, name: EK Yoon, name: Genie Heo, name: Henry Choi, name: Jenna Kang, name: Kevin Han, name: Noah Seo, name: Sunny Nguyen, name: Ryan Won, name: Yeonhoo Park, name: Anthony Giuliani, name: Dave Chung, name: Hans Yoon, name: James Le, name: Jenny Ahn, name: June Lee, name: Maninder Saini, name: Meredith Sanders, name: Soyoung Lee, name: Sue Kim, name: Travis Couture

This technical report introduces Pegasus-1, a multimodal language model
specialized in video content understanding and interaction through natural
language. Pegasus-1 is designed to address the unique challenges posed by video
data, such as interpreting spatiotemporal information, to offer nuanced video
content comprehension across various lengths. This technical report overviews
Pegasus-1's architecture, training strategies, and its performance in
benchmarks on video conversation, zero-shot video question answering, and video
summarization. We also explore qualitative characteristics of Pegasus-1 ,
demonstrating its capabilities as well as its limitations, in order to provide
readers a balanced view of its current state and its future direction.