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NYC-based AI video startup Runway raised a $315M Series E led by General Atlantic, a source says at a $5.3B valuation, and says it will pre-train world models

The AI industry just got another indicator that the future lies beyond words alone.  —  On Tuesday, video AI firm Runway announced a $315 million Series E funding round.

The Deep View Nat Rubio-Licht

Discussion

  • @runwayml @runwayml on x
    World models are the most transformative technology of our time. Our mission at Runway is to accelerate their development and ensure they have a positive impact on the world. Today we're announcing $315 million in Series E funding to help advance this work. Learn more at the [ima…
  • @generalatlantic @generalatlantic on x
    General Atlantic is proud to continue to back @runwayml and its ambitious mission to build universal world models - unlocking new possibilities across creativity and simulation. Learn more from Runway here: https://runwayml.com/... [image]
  • @graceisford Grace Isford on x
    Big news for @Lux_Capital family co @runwayml !! 🎉🎥
  • @bloombergtv @bloombergtv on x
    Runway CEO Cristóbal Valenzuela discussed the company's recent $315 million funding round, which values the AI startup at $5.3 billion. The new capital will be allocated toward expanding compute resources and hiring top talent to accelerate https://www.bloomberg.com/... [video]
  • @c_valenzuelab Cristóbal Valenzuela on x
    Seven years of building Runway. And we're just getting started. A testament to the hard work our team has put in to lay the foundation for what will be our most exciting year yet.
  • @jhong James Hong on x
    Congrats @c_valenzuelab!! Gen video is not just content creation, it is a *major* unlock vector towards better robotics. Cristobal explained this to me like 2 years ago. It made sense theoretically but it still seemed hypothetical. Since then I've been watching the research
  • @misunkw Michelle Kwon on x
    @runwayml is the world's leading enterprise platform for AI-powered video and multi-media content creation with tens of millions of users and trusted by Fortune 100 companies around the globe. Our Series E is a lagging indicator of the work we've been doing to pre-train the next