Search AI Products and News

AI video startup Runway has raised $308 million in a new funding round led by private equity firm General Atlantic. The funding will help Runway expand its new media ecosystem. Sources say the New York-based Runway is now valued at over $3 billion following this latest round. In addition to General Atlantic, several other prominent firms participated, including SoftBank.

Runway ML has launched the AI video generation model Gen-3 Alpha Turbo, which offers a 7-fold increase in speed and a 50% reduction in costs compared to its predecessor, making AI video production more accessible. Turbo is suitable for all plans, including free trials, allowing users to enjoy an efficient video generation experience without incurring additional costs. The generation speed of Gen-3 Alpha Turbo is so fast that it surpasses typing speed, effectively addressing the time lag issue of AI video generation models. In terms of pricing, video costs only $5 per second.

Breaking News! Gen-3 Alpha Text to Video is now open to everyone for use! This is a brand new field that can generate videos with high fidelity, speed, and control. Visit the official website http://runwayml.com right now to experience it! This news has sparked widespread attention, and many are eagerly waiting for the arrival of this new feature.Official VideoAccording to AIbase, the Gen-3 Alpha Text to Video service is currently available only to paid users, with an annual subscription price o