Nvidia-backed U.S. AI company Runway to establish European headquarters in London

Runway, the U.S. AI company backed by Nvidia, will set up its European headquarters in London.

The company plans to invest more than $200 million in the U.K. AI ecosystem by the end of 2028.

Runway recently raised $315 million in Series E funding, with participation from Nvidia, AMD Ventures, and General Atlantic.

It aims to expand its European business and research teams and accelerate development of world models and video generation and editing tools.