Runway, a New York-based company, has raised close to $860 million at a $5.3 billion valuation. Its models compete with those from Google and OpenAI.
The company is expanding from AI-generated video into general world models—computational systems that simulate how environments evolve—with applications in gaming, robotics, and potentially closer to general intelligence.
Runway co-founder and CEO Cristóbal Valenzuela stated that the real constraint on filmmaking has not been technology, and discussed how real-time video generation opens use cases beyond content creation, including what the company calls 'nonlinear media.'
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
Visko raised $10 million in pre-seed funding from Llama Ventures and opened public access to its first foundat…
U.S. markets ended August higher, with the S&P 500 up 2.6% and the Nasdaq up 3.9%
Neurovia AI, an Abu Dhabi-based company, is pitching Saudi security agencies software that it says can compres…
AI company Runway has unveiled Solaris, the first model in a new category it calls "Interface World Models." I…
John Deere introduced JD, a conversational AI tool that lets farmers ask open-ended questions about their hist…
Nvidia CEO Jensen Huang said on Fox Business that AI is creating 'hundreds of thousands' of jobs, including in…
