Runway will use Lionsgate's vast catalog to train a model that the studio's filmmakers can then use to help make new content.

Lionsgate is aiming to save a boatload of cash using generative AI technology as an assistive creative tool for filmmakers. Lionsgate, the film and TV studio behind film franchises including "John Wick" and "The Hunger Games,

The deal will see Runway train a new AI model on Lionsgate's film and TV library as the entertainment company uses the tech "to develop cutting-edge, capital-efficient content creation opportunities."