The race to release world models is on as AI image and video generation company Runway joins an increasing number of startups and big tech companies by launching its first one. Dubbed GWM-1, the model works through frame-by-frame prediction, creating a simulation with an understanding of physics and how the world actually behaves over time, the company said. A world model is an AI system that learns an internal simulation of how the world works so it can reason, plan, and act without needing to ...