AI video-generation startup Runway is betting its next leap won’t be smarter text, but world models learned from real-world observational data. Founded in 2018 by three founders from Chile and Greece who met at NYU Tisch, the company built a reputation on video tools used by filmmakers and ad agencies, with partnerships including Lionsgate and AMC Networks. Now valued at $5.3 billion, Runway says it launched a first world model in December and plans another this year—taking aim at Google’s AI ambitions.
Perceptron Inc. has launched Mk1, a proprietary video analysis reasoning model designed for temporal continuity and physical understanding, including object dynamics and analog reading. The company claims performance leadership on spatial and video benchmarks while pricing the API at $0.15 per million input tokens and $1.50 per million output tokens—80 to 90% cheaper than major frontier models.
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