AI video-generating firms Luma and Runway are exploring beyond movie studios.
The Information reports that these AI companies that generate video seek alternative markets for future revenue streams and have engaged in discussions with both robotics and self-driving vehicle companies.
The report did not specify the companies with which Luma and Runway are in discussions.
Luma is particularly well-suited to capitalize on this prospective revenue stream. At the time, TechCrunch reported that the company was planning to construct 3D AI world models in early 2024 to enable these models to comprehend and engage with the environment.
According to The Information, Runway also considers video games a potential future revenue source.