Midjourney Launched First Video Model
On a day that will be remembered by meme-makers and digital artists alike, Midjourney, the company renowned for its AI-generated art tools, unleashed its very first video model into the wild. The
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Reporting and context on Runway, with a closer look at the decisions and developments that matter.
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At a glance
Runway develops generative models and creative tools. Coverage follows AI video, multimodal research and their use in film and visual production.
- Focus
- AI video; creative tools; multimodal models
- Reference
- Runway
Reviewed 19 October 2026. Dates retain the precision of the source; retrospective disclosures are identified in the event. Funding and disclosed enterprise growth are documented; a verified company-wide ARR series was not established.
Company milestones
Revenue, funding, product launches and major company events, newest first. Expand the earlier milestones for more history.
Enterprise business more than doubles
Runway’s revenue chief reports that business more than doubled during the year and net revenue retention exceeded 300%. These are growth and retention measures, not a disclosed company-wide ARR total.
Source: RunwayRaises $315M Series E
General Atlantic leads financing for world-model training and new products, with NVIDIA, Adobe Ventures and AMD Ventures among participants.
Source: Runway
Show earlier milestonesHide earlier milestones2025–2018 · 8 milestones
Earlier revenue, financing and company milestones.
Secures over $300M Series D
The round funds media-generation research and an expansion of Runway Studios after the introduction of Gen-4.
Source: RunwayIntroduces Gen-4
The model series focuses on consistency of characters, objects and locations across generated scenes.
Source: RunwayRaises an additional $141M
Runway expands its research investment after bringing Gen-1 and Gen-2 to market. The announcement describes new funding, not revenue.
Source: RunwayForms a multiyear AWS research partnership
AWS becomes its preferred cloud provider for scaling research infrastructure, including the training infrastructure behind Gen-2.
Source: RunwayBrings Gen-1 and Gen-2 to market
Video-to-video and text-to-video generation become central to Runway’s product and research direction.
Source: RunwayRaises $50M Series C
The company expands investment in creative AI tools and its in-house research team.
Source: RunwayRunway is formed
The company starts building AI-powered creative software, before its later foundation-model and film-studio expansion.
Source: Runway retrospective
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- Lionsgate and AI startup Runway has announced a partnership to utilize generative AI in film production by developing a custom AI model using its media library.
- SiFive has launched its new SiFive Intelligence XM Series chip designs, featuring a scalable AI matrix engine for low-powered applications.
- YouTube announced the integration of Google DeepMind's AI video model, Veo, into YouTube Shorts, allowing creators to generate high-quality backgrounds and 6-second clips.
- The Biden administration will host a global safety summit on artificial intelligence in San Francisco on November 20-21 to address the technology's risks and capabilities.
Runway: AI Met Fruit Fly
Lionsgate and AI startup Runway has announced a partnership to utilize generative AI in film production by developing a custom AI model using its media library.
AI Met Fruit Fly
Lionsgate and AI startup Runway has announced a partnership to utilize generative AI in film production by developing a custom AI model using its media library.
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