You might remember Runway as the lab behind AIFF — the AI film festival, where part of the prizes was generation tokens in their app.
They are framing their new release as a David v. Goliath moment, where «a team that fits onto two school buses» outperforms trillion dollar companies on the Artificial Analysis Text to Video Leaderboard.
The new model should also be better at «cinematic and highly realistic outputs,» understanding physics and fine details while adhering precisely to prompts.
Used by the pros
Runway is not as well known as the Veos or Soras of the world, but it is widely used by media organizations, studios, brands, designers and creatives,CNBC says — and is more like the pro to the consumer brands.
The pricing page for Runway doesn’t seem to have updated yet, and they say nothing about price in their release, but it’s lowest video generation tier starts at $12/$15 per month.
Gen-4.5 should be done rolling out to all users at the end of the week, they say.
Read more: Runway’s release page (with lots of demos!), writeups on CNBC and The Verge.