.Joerg Hiller.Sep 26, 2024 17:22.Runway launches The Hundred Film Fund to support AI-augmented film jobs with up to $5M in funding, likely developing to $10M. Path, a leading trendsetter in AI modern technology, has unveiled The Hundred Movie Fund, a brand new initiative designed to support innovative professionals dealing with AI-augmented film ventures. Depending on to runwayml.com, the fund presently stands up at $5 thousand, with the prospective to grow to $10 million.Backing Features as well as Application Process.The Hundred Movie Fund is open to all styles of film, including functions, shorts, films, experimental jobs, as well as video.
Grants vary from $5,000 to over $1 thousand, with an added $2 thousand in Path credit scores available for awardees. Applications are now available for artistic specialists in the pre- or even post-production stages of their jobs.Advisory Panel.The fund’s Advisory Board includes notable sector characters that are going to give advice and also assistance amplify picked jobs. Existing participants of the board feature:.Jane Rosenthal, Cofounder of Tribeca Event.Christina Lee Hurricane, EMPG Guv at The Television Institute.Stefan Sonnenfeld, Founder and also Senior Colorist at Firm 3.will.i.am, Artist, Actor, and Developer.Richard Kerris, VP GM Media & Home Entertainment at NVIDIA.Extra members are anticipated to become introduced in the happening full weeks.Business Influence.Christina Lee Hurricane, Creative Producer as well as Guv of the Television Institute’s Emerging Media Shows peer group, shared her exhilaration about the fund, specifying, “I am actually thrilled to be actually signing up with the Advisory Panel for Path’s Hundred Film Fund to help give producers and also artists worldwide the option to iterate and also have fun with brand new and also developing resources like Runway.
I eagerly anticipate viewing brand new tales and also strategies of storytelling that this Fund will definitely unlock for producers who might certainly not otherwise possess the resources they need to inform their stories.”.Runway’s Mission.Runway strives to equalize accessibility to sophisticated AI devices for imaginative experts. The business is actually committed to ensuring that the future of narration is artist-led, with ingenious technologies like Gen-3 Alpha at the center of their efforts.Experts thinking about requesting the fund may do therefore at runwayml.com/TheHundredFilmFund.Image source: Shutterstock.