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Robotics could be the next big thing for Luma and Runway

Robotics could be the next big thing for Luma and Runway

AI-powered video technology startups Luma and Runway expect robotics to become a major revenue stream in the future, according to TechCrunch.com.

Both companies plan to apply their expertise in video synthesis and visual data generation to physical robotic systems.

Runway executives noted that their AI models could enable robots to “see and understand” the world around them.

Luma, on the other hand, aims to leverage its 3D modeling and photogrammetry technologies for interactive use with real-world objects.

By moving into robotics, both startups seek to diversify beyond video tech and tap into new markets.

Their robotics projects are currently in early testing, but real-world applications are expected soon.

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News » Technology » Robotics could be the next big thing for Luma and Runway