Runway

Runway is an AI video company based in New York. Cristobal Valenzuela, Alejandro Matamala and Anastasis Germanidis founded it in 2018 after meeting at New York University. Its tools generate and edit video for creators, studios and advertisers.

Runway's Gen series of models turn text and images into video. Users can control camera moves, keep characters consistent and change parts of an existing video. The editor also has tools for removing backgrounds, slowing down footage and other effects. The company has signed deals with film and TV studios, and it runs an annual AI film festival. Runway also offers Act-Two, which turns a recorded performance into character animation. It is available on the web and on iOS.

There is a free plan with a one time credit allowance. Paid plans give monthly credits, higher resolution and no watermark. Enterprise customers get custom terms and an API. Filmmakers, editors, agencies and marketing teams use it for previews, effects and finished content.