Caroline Hyde

We have tens of millions of users actively using Runway.

And again, the efficiency side is not only coming from the pre-training or the training set of things.

We've also been incredibly efficient in deploying the models.

We partner with NVIDIA for a lot of this work.

And we managed to get really good performance of inference.

And so we actually make money every time you use the model.

And that's, I think, a remarkable feat, not only on how we think about the research that needs to be done, but also the market and deploying this so the unit economics make sense.

Just real quick.

So you're saying you're profitable?

running Gem4.5?

I'm saying we're making money by every time you use the model, we have a good margin on the model itself and how you use it.

We managed to deliver really good performance on inference, so the model is still cheap to use compared to other models, while still being the best model in the category.

That's incredibly hard to do.

Again, it just goes back to the focus the team has had for quite some time.

Cristobal Valenzuela, Runway CEO, it's great to have you back on Bloomberg Tech.

It was a landmark opening for Disney's Zootopia 2.

The sequel delivered the biggest global opening ever for an animated film, grossing $556 million worldwide.

The strong debut is a welcome boost for Disney's animation unit after several lackluster releases.

Over the Thanksgiving weekend, Zootopia pulled in $156 million in the US and Canada.

Caro.