Runway is a privately owned company headquartered in the United States. Founded in 2018, the company has approximately 130 employees and specializes in generative AI. As an applied AI research company, Runway focuses its efforts on art, entertainment, and human creativity, offering professional video editing powered by machine learning.
On September 17, 2026, Runway introduced "Enhance Frame Rate," a new model that converts any video, whether or not generated on Runway, to various frame rates including 25, 30, 48, 60, or 120 frames per second (fps), as well as NTSC's 59.94 standard, ensuring production readiness within the platform. This follows the company's update on September 16, 2026, where it shared details on its vision for real-time video generation and outlined its moderation preparations ahead of releasing increasingly powerful real-time models in the coming months.