.Joerg Hiller.Sep 26, 2024 17:22.Runway launches The Hundred Movie Fund to support AI-augmented film tasks along with up to $5M in funding, possibly expanding to $10M. Runway, a leading trendsetter in AI modern technology, has actually introduced The Hundred Film Fund, a new project created to sustain imaginative professionals servicing AI-augmented movie tasks. According to runwayml.com, the fund presently stands up at $5 thousand, with the prospective to grow to $10 million.Backing Details and also Application Refine.The Hundred Film Fund is open to all layouts of film, featuring components, pants, docudramas, experimental tasks, and also music videos.
Grants range from $5,000 to over $1 thousand, with an additional $2 million in Runway debts accessible for awardees. Applications are actually now accessible for innovative specialists in the pre- or even post-production stages of their jobs.Advisory Board.The fund’s Advisory Panel includes significant market characters who will offer advice as well as aid amplify selected projects. Existing members of the panel include:.Jane Rosenthal, Cofounder of Tribeca Event.Christina Lee Tornado, EMPG Governor at The Tv Institute.Stefan Sonnenfeld, Creator and also Senior Colorist at Business 3.will.i.am, Performer, Actor, and also Manufacturer.Richard Kerris, VP GM Media & Enjoyment at NVIDIA.Even more participants are expected to be announced in the coming weeks.Field Influence.Christina Lee Hurricane, Creative Developer as well as Guv of the Tv Institute’s Developing Media Programming peer group, shared her pleasure regarding the fund, saying, “I am actually thrilled to be actually joining the Advisory Door for Path’s Hundred Film Fund to aid provide producers and also artists all over the world the option to iterate as well as enjoy with brand-new and arising devices like Path.
I expect finding brand new tales as well as procedures of narration that this Fund will uncover for producers that might certainly not or else have the sources they need to tell their tales.”.Path’s Mission.Path intends to democratize accessibility to state-of-the-art AI tools for innovative professionals. The firm is committed to ensuring that the future of narration is artist-led, along with innovative modern technologies like Gen-3 Alpha at the cutting edge of their efforts.Experts interested in looking for the fund may do thus at runwayml.com/TheHundredFilmFund.Image resource: Shutterstock.