Runway, known for its work in generative AI, is expanding its focus to the robotics sector, including self-driving cars, to drive future revenue growth. The company is developing a specialised team and adapting its existing models to cater to the unique requirements of robotics and autonomous vehicle clients.
Runway's CTO, Anastasis Germanidis, highlighted that the company's AI models can simulate the laws of physics by observing 2D video. This capability is attracting robotics companies seeking to create realistic 3D world depictions. Simulation is a critical bottleneck in solving real-world robotics and self-driving challenges, offering a cost-effective environment for experimentation through trial and error.
Runway's AI tools are designed to model the real world, and the company is working to provide solutions to customers by enabling models to reason based on encyclopedic knowledge to solve difficult challenges. The company's models can generate and edit images and videos, start from scratch with a text prompt, edit existing generated video, or refine real footage.
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