The race to release world models is on as AI image and video generation company Runway joins an increasing number of startups and big tech companies by launching its first one. Dubbed GWM-1, the model ...

Runway develops world models, algorithms that generate three-dimensional virtual environments based on user prompts. The company’s models are used by Shutterstock Inc., Robinhood Markets Inc. and ...

Over the last week, OpenAI’s place atop the AI model hierarchy has been heavily challenged by Chinese model DeepSeek. Today, OpenAI struck back with the public release of o3-mini, its latest simulated ...

OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the newest in the company’s o family of reasoning models. OpenAI first previewed the model in December alongside a more capable system ...

Startup Runway has raised a $315 million round at a $5.3 billion valuation, funds it will use to expand beyond AI video ...

Startups Runway AI Inc. and DeepSeek today released two foundation models that they say can outperform algorithms developed by the tech industry’s largest players. Runway’s new algorithm, Gen-4.5, ...

AI startup Runway unveiled new video model Gen 4.5, that outperforms similar models from Alphabet's (GOOG) (GOOGL) Google and OpenAI (OPENAI) in an independent benchmark. Gen 4.5 enables users to ...

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

AI company Runway has announced what it calls its first world model, GWM-1. It’s a significant step in a new direction for a company that has made its name primarily on video generation, and it’s part ...

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