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Runway is focused on generative AI for video, media, and art. The company focuses on developing proprietary foundational model technology that professionals in filmmaking, post-production, advertising, editing, and visual effects can utilize. Additionally, Runway offers an iOS app aimed at consumers. [26]
(Reuters) - Runway is in talks with investors including private equity firm General Atlantic to raise $450 million at a valuation of about $4 billion for the artificial intelligence-powered video ...
Runway, the generative AI company that recently inked a first-of-its-kind deal with Lionsgate, will dole out grants of up to $1 million to filmmakers working on AI-powered projects. Runway is ...
The battle for Hollywood 2.0. Text-to-video generative AI tools could bring massive changes to the entertainment industry. Runway. HQ: NYC Founded: 2018 CEO: Cristóbal Valenzuela Employees: 85 ...
Fliki AI 2022 Released Text-to-video with AI avatars and voices, extensive language and voice support [40] Supports 65+ AI avatars and 2,000+ voices in 70 languages [40] Free plan available, Paid plans starting at $30/month Varies based on subscription 70+ Runway Gen-2 Runway AI 2023 Released Multimodal video generation from text, images, or ...
Video generated by Sora with prompt Borneo wildlife on the Kinabatangan River. Generative AI trained on annotated video can generate temporally-coherent, detailed and photorealistic video clips. Examples include Sora by OpenAI, [12] Gen-1 and Gen-2 by Runway, [76] and Make-A-Video by Meta Platforms. [77]
Runway is also battling the arrival of OpenAI's text-to-video tool Sora. Runway’s film festival is growing: The event received 300 submissions in its first year; this year there were 3,000 ...
Cristóbal Valenzuela is a Chilean-born technologist, software developer, and CEO of Runway. In 2018, Valenzuela co-founded the AI research company Runway [1] [2] in New York City with Anastasis Germanidis and Alejandro Matamala.
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