Full-Time
Confirmed live in the last 24 hours
Develops multimodal AI tools for creatives
$280k - $380k/yr
Mid, Senior
Remote in USA
Remote position; salary range is based on candidates in the U.S.
Runway AI develops multimodal Artificial Intelligence systems that enhance human creativity. Their tools can transform text into images, create new images from existing ones, and generate infinite visual content. These capabilities include frame interpolation and custom AI training, making it easier for creative professionals like filmmakers and global brands to produce new videos from text without traditional filming. This approach streamlines content creation, making it faster and more cost-effective. Runway AI operates in the generative AI market and offers its tools through a subscription or usage-based model, allowing for continuous improvement and expansion of their offerings. The goal of Runway AI is to empower clients to explore new storytelling possibilities through advanced AI technology.
Company Size
201-500
Company Stage
Series D
Total Funding
$546.5M
Headquarters
New York City, New York
Founded
2018
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NEW YORK, NEW YORK - MAY 09: (L-R) Jane Rosenthal and Cristobal Valenzuela speak onstage during the. More 2024 AI Film Festival New York Panel at Metrograph on May 09, 2024 in New York City. (Photo by Dia Dipasupil/Getty Images) Getty ImagesThe recent release of Runway AI’s Gen-4 has ignited both excitement and existential questions about the future of cinema and media in general. With the company now valued at 3 billion following a $308 million funding round led by the private equity firm General Atlantic and backed by industry heavyweights like Nvidia and SoftBank, AI’s march into Hollywood appears unstoppable.The film industry, alongside all creative sectors, from digital marketing to social media, stands at a technological crossroad. As artificial intelligence begins to reshape every aspect of visual storytelling and change the landscape of entertainment and digital commerce, we must assess its potentials and pitfalls.The AI Gold Rush in FilmmakingMajor production companies are rapidly adopting AI video tools. Fabula, the acclaimed studio behind Oscar-winning A Fantastic Woman and biopic Spencer, just announced a partnership with Runway AI to integrate AI across its production pipeline
The big picture: Filmmaker Harmony Korine's EDGLRD has signed a first-look development deal with AI company Runway to create new projects using generative AI tools.
When generative AI took off in 2022 following the popularity of ChatGPT, launching a startup on a .ai domain felt like the obvious move. It signaled your company was part of the next wave of innovation.¬†It instantly signaled to investors, journalists, and users that you were building in AI.Now, a shift is happening. Some of the most promising startups in AI are quietly moving away from their .ai domains and switching to .com. It‚Äôs not about trend-chasing‚Äîit‚Äôs about positioning.This isn’t a flood, but it‚Äôs enough to raise eyebrows. And it says something about how branding, trust, and long-term ambition play a bigger role in how startups choose to present themselves.Why Startups Went With .AI DomainsIn the early days, .ai domains were easy to get and made a lot of sense. Short .coms are hard to come by and often expensive
Runway, an AI video startup, has secured $308m in its Series D funding round led by private equity firm General Atlantic.
AI video startup Runway has raised $308 million in a funding round led by General Atlantic, with sources indicating a valuation of over $3 billion. The company plans to expand its team by hiring more filmmakers, screenwriters, and other professionals.