AI video startup Runway completes $308 million in financing "
Internet reports that AI video generation company Runway raised US$308 million in a new round of financing, and its valuation jumped to more than US$3 billion. This round of financing was led by General Atlantic, with Nvidia and SoftBank Vision Fund No. 2 participating. Runway will use the funds to strengthen AI model research and development and expand its creative team. Its software has been used in projects such as Amazon dramas, Madonna tours and Puma ads. The recently launched Gen-4 model supports character and scene consistency, achieving a major breakthrough in technology.
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