Runway News | Sep 09, 2024
Runway is in talks with General Atlantic for a $450M funding round at a $4B valuation...
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Runway
🌎 runwayml.comRunway is an applied AI research company based in New York City, specializing in generative artificial intelligence technologies. The company focuses on creating innovative tools for content creation, enabling users to generate videos, images, and multimedia content through advanced AI systems. Runway aims to empower creatives by making deep learning techniques accessible for storytelling and artistic expression.
Updates as of Sep 09, 2024
- Runway is in talks with General Atlantic for a $450M funding round at a $4B valuation.
- Kling AI has been released globally and is being compared to Runway in terms of performance.
- Cristóbal Valenzuela, co-founder and CEO of Runway, will talk about the latest developments in AI and creative tools at Dreamforce 2024.
- Runway is about to release its Gen3 Motion Brush with a Custom Motion Path and advanced video editing tools.
- Runway launched Gen-3 Alpha Extensions, allowing users to extend their generations up to 40 seconds.
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