Runway
Runway, founded in 2018, is an applied AI research company focused on advancing human creativity through multimodal AI systems and tools for art and entertainment.
Founders
Runway was established in 2018. The company quickly positioned itself as a leader in applied AI research, specifically focusing on developing tools to enhance human creativity.
Services
Runway provides a range of AI-driven services aimed at fostering creativity in art and entertainment. These include Text to Video, Video to Video, Text to Image, Image to Image, Frame Interpolation, Generative Audio, and Upscale Image. Additionally, they offer enterprise solutions such as custom model training, integration with internal tools, and advanced security features.
Products
Runway's product portfolio includes AI tools that significantly aid in the creative process. These tools cover a broad spectrum of applications from visual content generation—such as Text to Image and Image to Image—to audio and video applications like Generative Audio and Frame Interpolation. Runway also offers a mobile app available for iOS and a variety of physical items through their store.
Initiatives
Runway has several initiatives designed to support and celebrate creativity. These include the AI Film Festival (AIFF), which showcases films made with AI techniques, and the Creative Partners Program, providing artists and creators early access to new tools. Additionally, the GEN:48 program aims to bring together creatives in a collaborative environment to produce innovative works.
Education and Community Engagement
Runway Academy offers educational resources and tutorials to help users maximize the potential of their AI tools. Runway Watch serves as a platform to showcase creative projects made using Runway's AI capabilities. The company also supports a community of artists and creators through their Creative Partners Program.
Partnerships and Funding
Runway collaborates with organizations like Getty Images, Canva, and Tribeca Festival to enhance its offerings. The company has received significant funding from Google and Nvidia, securing $141 million in June 2023. This financial backing supports Runway's ongoing research and development initiatives.