AI-generated video has gone from novelty to creative tool almost overnight, and Runway has a front row seat to the shift. The New York-based company has raised close to $860 million at a $5.3 billion valuation, and its models are going toe-to-toe with …
Runway CEO Cristóbal Valenzuela has outlined a vision for transforming film production through AI, arguing that studios could significantly increase output by reallocating budgets across multiple projects rather than investing heavily in single films. Speaking at the Semafor World Economy Summit, Valenzuela positioned AI as a tool to shift the industry toward higher-volume content creation. […]