A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2 (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch: A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2 — Every major AI lab is betting on language. Runway is betting they're wrong. — AI video generation startup Runway doesn't have the typical Silicon Valley pedigree.