I went to business school and like it's a it's a weird combination of like business engineering school in Chile. So I study econ business design and art and then I was like freelancing making websites on my spare time so I guess I was just very curious about how systems are being trained or used. What's the business model? It's a very simple license you can get to use runway in its full capacity there's also credits to render videos on our cloud system, everything's kind of cloud-based.
The Sunday Times’ tech correspondent Danny Fortson brings on Cristobal Valenzuela, founder of Runway, to talk about using AI to edit and create videos (3:00), starting out at art school (6:50), quitting his job and starting the company in 2018 (8:30), his art career (9:30), rushing to raise money before his visa ran out (14:10), the critical breakthroughs (16:45), what “diffusion” is (18:30), the future of film (21:00), zero-cost content (28:30), coming to America from Chile (33:00), and the challenge of recruiting people (36:20).
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