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Runway now has its sights on the video game industry with its new generative AI platform

The AI startup Runway, which recently partnered with AMC Networks, is now trying to break into the gaming industry. The company has plans to launch its latest platform, called Game Worlds, next week, according to The Verge. The new tool lets Runway users create something akin to an interactive text-based game that can generate text and images from AI. Even though Game Worlds can only produce basic designs for now, the company's CEO, Cristóbal Valenzuela, is hoping this will be the first step to

Runway is going to let people generate video games with AI

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 com

Meta approached AI startup Runway about a takeover bid before Scale deal

Meta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday. Runway is best known for its AI video generation tools and earned a spot on CNBC's Disruptor 50 list earlier this month. The deal talks between Meta and Runway did not progress far and dissolved, according to a person familiar with the matter who asked not to be named due to the confidential nature of the discussions. Bloomberg ea