Runway ML is an online AI video editor that uses machine learning to speed up the editing process and offer a number of enhancements. It can handle files in various formats, including 4K resolution, and allows users to edit and export videos in formats such as PNG and ProRes. It also has a feature called Magic Tools that makes creating professional-looking films faster and easier with the help of AI. The software offers a range of paid subscription options, with prices starting at $15 per month for the Starter version and going up to $100 per month for the Pro edition. While the free version includes basic editing capabilities, many of the program’s advanced features are only available to paying users.