Runway, an AI video company backed by Nvidia, announces a major expansion in London as part of its European strategy. The company tells CNBC it is launching a significant growth plan in the city and is positioning London as a base for operations in Europe. Separate reporting adds that Runway is making London its European headquarters and has pledged to invest more than $200 million into the UK’s AI ecosystem by the end of 2028.
The company’s move aligns with other major U.S.-backed AI players that have recently announced large London or UK growth plans, including firms such as Anthropic and OpenAI. Runway says its customer base includes organizations such as the BBC, Fremantle, and WPP, which the company cites as part of its rationale for expanding in the UK capital.
Overall, the announcements focus on London as a hub for European operations and on financial commitments directed toward the broader UK AI ecosystem over the coming years.
