Runway and Lionsgate expand partnership with equity and new IP
Lionsgate takes equity stake, companies to co-develop projects blending AI and content.
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AI platform for video generation and world simulation
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In short: Runway entered a strategic partnership with Lionsgate, launched its Gen-4 model, and achieved a $5.3 billion valuation through new funding.
Lionsgate takes equity stake, companies to co-develop projects blending AI and content.
It establishes a London research hub for general world models, commits $100M investment over 18 months, and will hire a Head of Europe to expand research, product, and sales.
The coalition will develop and open-source frontier world models for physical AI, starting with a base model from Runway and NVIDIA.
The company tested three short films and a spec ad; 93% of viewers said they worked as stories.
Lionsgate and Runway shift focus to short episodic series after failed movie attempt.
Lionsgate has taken an equity stake in the generative AI video company Runway and plans to pull from its existing catalogue of properties for an...
Lionsgate Vice Chairman Michael Burns says AI will save the company "tens and tens of millions of dollars a year" across film and TV production...
American AI company Runway is planning a major expansion in London, CNBC has learned, following in...
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