Runway, known as artificial intelligence models generated for the video, raises $ 308 million

Runway, an emerging company that developed a set of moderate models for media production, has collected, including video models, with $ 308 million in a funding round of the 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 producers.

This week, Runway has been released Gen-4A model to generate video that the company claims to create personalities, sites and things consistently across the viewer, maintaining “coherent world environments”, and renewing the elements from different views and positions within the scenes. With products like Gen-4 and ITS API was recently launched for video modelsThe 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.

It was updated 6:21 am Pacific time: The original version of this story was accidentally indicated that Runway raised $ 300 million in its D., in fact, raised $ 308 million. We regret the error.