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Gen-4 video model with consistent characters, locations and objects across scenes.
Founded in 2018 by Cristobal Valenzuela, Alejandro Matamala and Anastasis Germanidis, Runway is a New York-based AI research company that co-released Stable Diffusion in 2022 and builds video generation models and world models. Its Gen series runs from Gen-1 (February 2023) through Gen-3 Alpha (June 2024) to Gen-4 (March 2025) and Gen-4.5 (December 2025); in December 2025 it released GWM-1, its first General World Model, in Worlds, Avatars and Robotics variants. The company raised $308M led by General Atlantic in April 2025 at a valuation above $3B.
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