Cogstudio has released a 100% open-source video generation suite powered by Gradio and CogVideo. The suite includes features such as text-to-video, video-to-video, image-to-video, and extend-video. It offers a seamless workflow that integrates all these functionalities. The software is compatible with NVIDIA graphics cards, requires 35GB of disk space, and can be easily installed and run in Pinokio VM. Additionally, it includes an 'infinite video generation' option and a sidebar that displays the 50 most recent generated videos.