Runway, known as artificial intelligence models generated for the video, raises $ 300 million

Runway, an emerging company that developed a set of obstetric artificial intelligence models for media production, including video -generated models, has collected $ 300 million in a funding round of the series D.

General Atlantic led the tour, which participated in Fidelity Management & Research Company, Baillie Gifford, NVIDIA, SoftBank and others. Runway said in a. press releaseIn addition to expanding the arm of films and animation production in Runway Studios.

To date, Runway collected 536.5 million dollars, According to Crunchbase.

The company wrote in the press statement, “Today it coincides with an important milestone, as Runway announces an important next step towards our goal of creating a new media system with simulation of the world,” the company wrote in the press statement. “(Our last progress) is not just gradual improvements; it constitutes the basis for a completely new approach in the media – an environmental system based on artificial intelligence systems that can simulate our world.”

Runway offers a collection of intelligence media tools, including models that are generated for video and photos. He faces intense competition in video generation space, including from Openai and Google. But the company fought to distinguish itself, Concluding a deal with the main Hollywood studio and Allocating millions of dollars To finance movies using AI’s video.

This week, Runway Gen-4, a video generator model that the company claims to create letters, sites and objects consistently across the viewer, keep the “coherent world environments”, and renew the elements from different perspectives and situations within the scenes. With products like Gen-4 and API recently launched for video models, Runway hopes to hit $ 300 million in annual revenue this year.

A possible one -road barrier is suit Artists brought him against Runway and other tweed artificial intelligence companies that accuse the defendants of training their models on an artistic work of copyright without permission. The runway argues that The doctrine known as fair use It protects it from legal repercussions. It is not yet clear whether the company will happen.