Runway revealed that its Gen-3 Alpha video model can now transform video styles using text prompts. Runway also introduced an API for its Gen-3 Alpha Turbo model, offering developers a way to incorporate video generation into their own applications. The API, currently in limited access, requires users to display a “Powered by Runway” banner and comes with two pricing plans. The platform charges 50 credits for videos up to 5 seconds and 100 credits for videos between 5 and 10 seconds, with a 10-second maximum duration. (Runway)