Runway is an applied AI research company that advances creativity and shapes the next era of art, entertainment, and human creativity. They provide a range of AI-powered tools and technologies that enable users to create various forms of media without the need for traditional production methods. These tools include video generation, image synthesis, style remixing, custom model training, background removal, slow-motion conversion, and more. Runway caters to a wide range of customers, including global brands, enterprises, and creatives, offering them new storytelling possibilities. They have a strong customer base that includes renowned companies like CBS, Google, Microsoft, and Vox. Runway also conducts research in the field of AI, pushing the boundaries of generative AI and exploring new techniques and applications. Additionally, they have an entertainment and production division called Runway Studios, which serves as a platform and production partner for the next generation of storytellers. Runway is committed to making AI creativity accessible and empowering the creative community.