Gen-2 by Runway

Gen-2 by Runway is a cutting-edge AI tool designed to generate realistic videos, images, and text based on user input prompts. It's a multimodal AI system, meaning it can work with different types of input like text, images, or video clips to create novel content. This flexibility allows users to generate videos in various styles and forms, making it a versatile tool for creative endeavors.

One of the key features of Gen-2 is its ability to synthesize videos by either applying the composition and style of an image or text prompt to the structure of a source video (Video to Video) or creating content from nothing but words (Text to Video). This means you can generate videos using just a text prompt or combine text and images for more detailed outputs.

Additionally, Gen-2 includes several modes for video creation:

• Text to Video: Create videos from text prompts.
• Text + Image to Video: Combine an image with a text prompt to generate a video.
• Image to Video: Use an image as the driving force to create a video.
• Stylization: Apply the style of an image or prompt to your video.
• Storyboarding: Turn mockups into fully stylized and animated renders.
• Masking: Isolate and modify subjects in your video using text prompts.
• Rendering: Create realistic outputs by applying an input image or prompt.
• Customization: Custom tailor the model for higher fidelity results.

The tool uses advanced algorithms like latent diffusion models and keyframe propagation models to create high-quality content that can match a user's desired style or structure. It also offers features for stylization, masking, rendering, and customization, giving users full control over the output.

Regarding accessibility and pricing, Gen-2 can be accessed both on the web and via a mobile app, and it costs around $0.05 per second of generated video. The pricing model includes monthly credits under paid plans, after which additional credits can be purchased for continued use.

In summary, Gen-2 by Runway represents a significant advancement in AI-driven video creation, offering a range of capabilities to transform simple inputs into complex and stylized video content. This tool stands out for its flexibility, user-friendly interface, and the high quality of its output, making it a valuable asset for professionals and enthusiasts in the realm of digital content creation.

Gen-2 by Runway is a versatile AI tool that has a wide array of use cases, making it particularly valuable in various creative and professional fields. Here are some of the key use cases for Gen-2:

1. Content Creation: Gen-2 is a powerful asset for content creators, enabling them to generate fresh and innovative videos without the need for traditional filming. This can be particularly useful for YouTubers or social media influencers who need to consistently produce high-quality content.

2. Film and Television Production: Filmmakers and directors can use Gen-2 to visualize scenes or concepts before actual filming. This can be a significant time-saver in pre-production planning and can help in creating concept videos or trailers.

3. Advertising and Marketing Campaigns: For marketers and advertisers, Gen-2 offers the ability to quickly prototype video ads using text or image prompts. This can enhance the speed and creativity of content creation for marketing purposes.

4. Music Video Production: Musicians and music video directors can use Gen-2 to create visually stunning music videos. The tool allows for the generation of videos from text or image prompts, providing an innovative way to complement music with engaging visuals.

5. Educational Videos: Gen-2 can be used to create informative and educational videos. These can be used in classroom instruction or for online learning platforms, adding an engaging visual element to educational content.

6. Virtual Reality Experiences: With its advanced features, Gen-2 can also be used to create virtual reality content, adding a new dimension to VR experiences.

7. Commercials: Gen-2 can be utilized to create commercial videos. For instance, you could generate a video of a man standing in front of a waterfall to symbolize the search for fresh water in a bottled water ad, or a close-up shot of a pizza being baked for a pizza commercial.

8. Animation and Artistic Videos: The tool can generate animated scenes in various styles, like a cyberpunk cityscape or a colorful fantasy world. This is particularly useful for creating unique and artistic visuals that might be difficult or time-consuming to produce traditionally.

These use cases highlight the versatility and power of Gen-2 as a tool for video generation, offering a wide range of possibilities for different industries and creative endeavors. The tool's ability to synthesize videos through text, images, or video clips opens up new avenues for creative expression and content creation. However, it's important to note that while Gen-2 can produce highly realistic videos, there might be instances where the output deviates from the user's intended style or composition, and there can be a learning curve in mastering its features.

Runway offers several pricing plans for Gen-2, each catering to different needs and requirements. Here's a summary of their plans:

1. Basic Plan (Free Forever):

• Suitable for individuals exploring Runway's AI Magic Tools and content creation features.
• Includes 125 credits per month.
• Allows up to 3 editors and offers 3 video projects with 5GB of assets.
• Video editor exports in 720p.
• Limited image export options.

2. Standard Plan ($15 per user/month):

• Designed for individuals and teams needing more access, AI Magic Tools, and export options.
• Provides 625 credits per month.
• Allows upscaling resolution and removing watermarks on Gen-1 and Gen-2.
• Offers unlimited video editor projects with 100GB of assets.
• Allows up to 5 editors and video editor exports in 4K.
• Includes training of one custom AI generator.

3. Pro Plan ($35 per user/month):

• Geared towards large teams and companies.
• Includes 2250 credits per month.
• Offers unlimited video editor projects with 500GB of assets.
• Allows up to 10 editors.
• Offers advanced video editor exports (ProRes, PNG Sequences) and all Standard plan image exports.

4. Unlimited Plan ($95 per user/month):

• Includes all Pro Plan features plus unlimited video generations.
• Offers 2250 credits per month for video and image generations in Credits Mode.
• Allows up to 10 users.

5. Enterprise Plan:

• Customized for larger teams and organizations needing a secure, robust solution.
• Offers custom credit amounts, model customizations, advanced security, and compliance features.
• Contact Runway for pricing and more details.

In the Unlimited Plan, users can use Explore Mode for unlimited generations of Gen-1 and Gen-2 at a relaxed rate, without using credits. However, individual generation lengths and resolutions are consistent across all plans. The maximum resolution for Gen-2 videos is 768x448, which can be upscaled to 1536x896 in paid plans.

The number of users/editors varies with each plan: up to 5 editors for Standard, and up to 10 for both Pro and Unlimited plans. Note that adding users results in additional charges per user.

Runway Gen-2 costs $0.05 per second for video generation. Each plan provides a set number of monthly credits, and once these are exhausted, additional credits can be purchased.

Runway was founded in 2018 by Cristóbal Valenzuela, Alejandro Matamala, and Anastasis Germanidis. The trio, with diverse backgrounds and nationalities, came together to establish the company with a vision to democratize the use of artificial intelligence in creative endeavors. Their mission centers on making content creation accessible to a wider audience by leveraging advancements in AI and machine learning.



Cristóbal Valenzuela

Co-Founder



Alejandro Matamala

Co-Founder



Anastasis Germanidis

Co-Founder

Runway, an innovative AI company, has secured significant funding over several rounds. As of June 29, 2023, the company has raised a total of $236.5 million over 6 rounds. Their latest funding, a Series C round, brought in $141 million. The investment was led by Google, with participation from other investors including NVIDIA and Salesforce Ventures.

The funding rounds for Runway are as follows:

• Series C (June 29, 2023): $141 million, led by Google.
• Series C (December 5, 2022): $50 million, led by Felicis.
• Series B (December 13, 2021): $35 million, led by Coatue.
• Series A (October 1, 2021).
• Series A (December 16, 2020): $8.5 million, led by Amplify Partners.
• Seed Round (December 1, 2018): $2 million, led by Lux Capital.

The company has attracted a total of 18 investors, with Rogue VC and Salesforce Ventures being the most recent. This substantial financial backing underscores Runway's growth and potential in the AI and content creation industry.