In documentation I did read the following regarding video limitations:
Video Limits
The Predict API has limits to the length and size it can support. A video, uploaded through URL, can be anywhere up to 80MB in size or 10mins in length. When a video is sent through by bytes, the Predict API can support 10MB in size.
If your video exceeds the limits, please follow our tutorial on how to break up a large video into smaller components, and send those into the Video API. Otherwise, the processing will time out and you will receive an error response.