AI video startup Runway hits $5.3B valuation, adds $40M ARR in Q2

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Runway, an AI video-generation startup, is now valued at $5.3 billion after adding $40 million in annual recurring revenue in the second quarter, according to TechCrunch. The company is training models directly on observational data, the publication reported.

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@techmeme

A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2 (@rebeccabellan / TechCrunch) (Visit Techmeme dot com for the link and full conte

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