.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Film Fund to support AI-augmented film projects along with approximately $5M in funding, likely increasing to $10M. Runway, a leading trendsetter in artificial intelligence modern technology, has actually revealed The Hundred Movie Fund, a brand-new project created to assist imaginative experts servicing AI-augmented film ventures. According to runwayml.com, the fund currently stands up at $5 million, with the possible to increase to $10 million.Funding Information and also Application Process.The Hundred Movie Fund is open to all styles of film, including attributes, shorts, films, experimental jobs, and music videos.
Grants range from $5,000 to over $1 million, along with an added $2 thousand in Runway debts on call for awardees. Functions are currently accessible for creative experts in the pre- or post-production stages of their projects.Advisory Panel.The fund’s Advisory Board features notable market personalities that are going to give advice and also aid intensify picked jobs. Current participants of the door include:.Jane Rosenthal, Cofounder of Tribeca Festival.Christina Lee Tornado, EMPG Governor at The Tv Academy.Stefan Sonnenfeld, Founder and also Senior Colorist at Provider 3.will.i.am, Artist, Actor, as well as Manufacturer.Richard Kerris, VP GM Media & Home Entertainment at NVIDIA.Even more members are expected to become declared in the happening full weeks.Sector Effect.Christina Lee Storm, Creative Developer as well as Guv of the Television Institute’s Surfacing Media Programming peer group, showed her excitement regarding the fund, explaining, “I’m thrilled to be actually joining the Advisory Board for Path’s Hundred Film Fund to aid offer producers and also musicians all over the world the possibility to repeat as well as enjoy with new and arising resources like Runway.
I look forward to viewing brand new tales and also techniques of narration that this Fund will uncover for filmmakers who might certainly not or else possess the sources they need to inform their tales.”.Runway’s Mission.Path intends to democratize access to innovative AI devices for creative professionals. The company is actually devoted to making sure that the future of narration is actually artist-led, with innovative innovations like Gen-3 Alpha at the center of their attempts.Specialists interested in looking for the fund can possibly do so at runwayml.com/TheHundredFilmFund.Image source: Shutterstock.