Welcome to the podcast. I'm your host, Jaden Schaefer. Today I want to talk about runway.

This is a company that I feel like I haven't talked about in a little while.

It's an AI video company. It's one of the number one. It was kind of out before, you know, any of the other AI video companies were out. So Runway's kind of been leading the way.

But sometimes it feels like they fall a little bit behind when there's a lot of hype from Google's V-O-3 model or even opening eyes Sora.

It is a really solid company. it feels like they fall a little bit behind when there's a lot of hype from Google's V-O-3 model or

even Open AIS Sora. It is a really solid company and there's some interesting stuff going on with it.

They just raised $315 million in a Series E. And it's about double their valuation. Now they have a $5.3 billion

evaluation. And all of this new money that they've just raised is basically going

to be going towards what they say is the next frontier in AI, which is these world models. So

today on the podcast, I want to talk about what runway is doing with world models. There's also a

lot of new regulation coming out of countries like India on deepfakes. So I'll talk about the state of

AI video in general and we're kind of SORA and Google's's V-O3 fit into this. And this is all technology that I personally have been using a ton lately, so I'm pretty excited about this. Before we get into this, I have a super exciting announcement, which I've probably heard me say it for the last couple episodes, which is that my own startup, AIbox.AI, you've probably heard me talk about it

100 times. It essentially gives you access to over 40 of the top AI models in one place. We just

released new pricing tiers for it. So you can actually get access to all 40 of those AI models

for $8.99 a month. This should save you a ton of money. You get access to Open AI, 11 Labs, Anthropic, Google, Gemini, GROC, like every single AI model for $9 a month in one place. It's like chatting with chat, GPT, but you just switch the model anytime because they all have the different strengths and weaknesses, and you get a bunch of image and audio models in there. And if that wasn't good enough,

you also have the ability to, if you pay for yearly, you get to save 20% on it. So for the standard plan, if you're already paying 20 bucks a month for it, which I know a lot of listeners are, you can get that 20% cheaper if you pay for annual and you get that on all, we've got a bunch new tier. So go check it out. There's a new 899 tier and let's get into the episode today.

So there was a new 899 tier and let's get into

the episode today so there was a big blog post that just came out which came from runway and they

were essentially kind of announcing this big raise this $315 million and they specifically kind

outlined what they plan on using the money for so it's going to be used to quote unquote

pre-trained the next generation of

world models and bring them to new products and industries. So world models essentially are

...