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Runway, the Nvidia-backed AI video firm, has chosen London as its European headquarters and pledged over $200 million to the UK’s AI ecosystem by 2028.
Runway's CEO believes the future of AI video lies in world models, which could revolutionize how we create and interact with digital content. The company has raised $860 million at a $5.3 billion valuation.
Runway has launched a $10 million fund and Builders program to support early-stage AI startups developing interactive video intelligence applications.
Bespoke AI models are emerging as the next big thing in filmmaking, offering specialized capabilities that go beyond general-purpose tools like Sora and Runway. While Hollywood may not be 'cooked' by AI yet, these tailored solutions are reshaping creative workflows and enhancing production possibilities.
