Luma and Runway, two trailblazing startups in the AI video-creation sphere, are exploring uncharted territory beyond movie studios.

These innovative tech companies are expanding their target markets to include robotics and autonomous vehicle firms to diversify their revenue streams. This exciting transition comes as per insights garnered from The Information. Although specifics about which companies are in discussion with Luma and Runway remain undisclosed.

Luma's new-found focus aligns perfectly with the company's future goals. In early 2024, they made a buzzing announcement to develop 3D AI models that are capable of understanding and interacting with the real world, a milestone covered by TechCrunch.

In their quest to explore new possibilities, Runway is also broadening its horizons by delving into the video game sector as an additional revenue stream, as mentioned by The Information.

Intrigued to learn more, TechCrunch extended communication lines to both Luma and Runway for further information.