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Exclusive: Runway launches $10M fund, Builders program to support early stage AI startups

CN
CitrixNews Staff
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Exclusive: Runway launches $10M fund, Builders program to support early stage AI startups

Runway is moving beyond building AI video models and into shaping what gets built on top of them. 

The AI video generation startup has launched a $10 million venture fund to invest in early-stage companies building across AI, media, and world simulation, the company’s founders told TechCrunch. It’s also rolling out a Builders program offering seed to series C startups free API credits, a move that suggests Runway wants to create an ecosystem around what it calls “video intelligence.”

Originally reported by TechCrunch