CoreWeave (CRWV) announced on Thursday that it has signed a deal with artificial intelligence startup Runway to bring its AI cloud solutions to Runway’s video generation models.
Runway is going to use CoreWeave’s access to Nvidia’s (NVDA) GB300 NVL72 systems for large-scale training and inference, as well as W&B Models for full observability across their workloads.
“AI is becoming core to how companies build and operate, and they need a cloud platform that can match that shift with performance, efficiency, security and scale. That’s CoreWeave,” said Brian Venturo, Co-Founder and Chief Strategy Officer of CoreWeave, in a statement. “Runway has established itself as a pioneer in generative video across both the tech industry and Hollywood’s leading creative studios. We’re proud they trust CoreWeave as they continue to scale and innovate across a growing range of industries.”
“Runway’s models are redefining everything from filmmaking to the training of large-scale simulation engines,” said Runway and CTO Anastasis Germanidis added. “That level of ambition requires a reliable, scalable AI cloud platform that allows us to accelerate our research and serve a wide range of customers. CoreWeave’s integrated solutions will be key to our ability to research, train and productize with speed and efficiency, and we look forward to unlocking new opportunities through this long-term strategic collaboration.”
CoreWeave shares fell 3.8% in midday trading on Thursday.