Runway Launches $5M Fund for AI-Powered Filmmaking | Ai image generator from image free online | Try dall e | Dall e mini website free | Turtles AI

Runway Launches $5M Fund for AI-Powered Filmmaking
Runway opens the doors to the future of cinema: “The Hundred Film Fund” is born to support one hundred films with AI
Isabella V27 September 2024

 

Runway launches "The Hundred Film Fund," a $5 million fund to finance one hundred AI-based films. Open to all formats and stages of production, it offers grants of up to $1 million for innovative creative projects.

Key Points:

  • $5M fund with potential to grow to $10M. 
  • Open to all stages of production for AI-powered projects. 
  • Grants from $5,000 to over $1M. 
  • Advisory Panel with notable names such as Jane Rosenthal, will.i.am and more.

Innovation in the world of film is about to enter a new chapter thanks to the initiative launched by Runway and Runway Studios: The Hundred Film Fund, a fund dedicated to supporting the production of one hundred films that use AI to create new and captivating narratives. With an initial endowment of 5 million dollars, with the possibility of growing to 10 million, this fund represents an unmissable opportunity for creatives from all over the world, offering grants ranging from 5,000 to over 1 million dollars. The fund places no limits on creativity: feature films, shorts, documentaries, experimental projects, music videos and any other film format are welcome, as long as AI plays a key role in the creative process. Ideal candidates are professionals with projects in the pre- or post-production phase who need financial support to realize their ideas. Adding further prestige to this ambitious project is the presence of an Advisory Panel composed of leading figures in the entertainment industry, including Jane Rosenthal, co-founder of the Tribeca Festival, and will.i.am, a world-renowned artist and producer, who, together with other industry experts, offer not only advice but also the possibility of amplifying and co-producing the most deserving projects. Runway, with its mission to make technological innovation accessible to creatives, reiterates the importance of putting advanced tools in the hands of artists to ensure that the future of storytelling is firmly in their hands. This fund is not only a financial resource, but a true accelerator of creativity, capable of giving voice to stories that would otherwise risk remaining unheard. With the support of 2 million dollars in Runway credits, The Hundred Film Fund proposes itself as a catalyst for a new era of cinema, where AI and art meet to give life to unprecedented narratives.

If you are a director, producer or creative with an innovative vision and an AI-based project, this is your chance to make your voice heard.