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Runway is going to let people generate video games with AI

Runway is going to let people generate video games with AI

  • Runway, a $3 billion startup known for bringing generative AI to Hollywood, is now expanding its technology into the gaming industry.
  • The company plans to make an interactive gaming experience available to everyone next week, with generated video games coming later this year.
  • Runway’s CEO Cristóbal Valenzuela believes the gaming industry is in a similar position to Hollywood when it was first introduced to generative AI, with initial resistance giving way to gradual adoption over time.
  • The company is in talks with gaming companies about using its technology and accessing their datasets for training, and has already worked with “pretty much every major studio” and “most of the Fortune 100 companies”.
  • Valenzuela expects Runway’s AI-powered video games to be a significant departure from traditional game development methods, potentially allowing for more creative freedom and faster production times.

So far, Runway is known for bringing generative AI to Hollywood. Now, the $3 billion startup is setting its sights on the gaming industry.

This week, I was granted access to a new interactive gaming experience that Runway plans to make available to everyone as soon as next week, according to CEO Cristóbal Valenzuela. The consumer-facing product is currently quite barebones, with a chat interface that supports only text and image generation, but Valenzuela says that generated video games are coming later this year. He says that Runway is also in talks with gaming companies about both using its technology and accessing their datasets for training.

Based on his recent conversations, Valenzuela believes the gaming industry is in a similar position to Hollywood when it was first introduced to generative AI. There was considerable resistance, but over time, AI has been gradually adopted in more areas of the production process. Valenzuela says Amazon’s recent show, House of David, was made in part with Runway’s technology, and that his company is working with “pretty much every major studio” and “most of the Fortune 100 companies.”

“If we can help a studio make a movie 40 percent fas …

Read the full story at The Verge.

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Q. What is Runway planning to do with its generative AI technology?
A. Runway plans to let people generate video games with AI.

Q. How much funding has Runway received for this new venture?
A. The exact amount of funding is not mentioned, but it’s stated that Runway is a $3 billion startup.

Q. What can users expect from the interactive gaming experience offered by Runway?
A. Users will have access to an interactive gaming experience with a chat interface that supports text and image generation.

Q. When can users expect to try out the generated video games?
A. Generated video games are coming later this year, according to CEO Cristóbal Valenzuela.

Q. What is Runway’s approach to working with gaming companies?
A. Runway plans to use its technology and access datasets for training from gaming companies.

Q. How does CEO Cristóbal Valenzuela think the gaming industry will adopt generative AI?
A. He believes it will follow a similar path as Hollywood, where there was initial resistance but eventually gradual adoption.

Q. Which company’s show was made in part with Runway’s technology?
A. Amazon’s recent show “House of David” was made in part with Runway’s technology.

Q. Who is Runway working with in the gaming industry?
A. Runway is working with “pretty much every major studio” and “most of the Fortune 100 companies.”

Q. What percentage of a movie production process did Runway’s technology contribute to, according to CEO Valenzuela?
A. According to CEO Valenzuela, Runway’s technology contributed to making a movie 40% faster.

Q. How does CEO Valenzuela think Runway can help the gaming industry?
A. He believes that by providing generative AI capabilities, Runway can help studios make movies and games more efficiently.