Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July 2) based on a paywalled article by The Information that cited unnamed sources. Runway did...
Artificial intelligence startup Luma AI unveiled a tool that can generate realistic video footage from a few lines of text, opening up new possibilities for rapid video creation. The company’s “Dream Machine” platform, now available to the public, allows anyone to type in a descriptive...
July 09, 2024
Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the new funding to grow its machine learning (ML) team and continue investing in its in-house research efforts and technical infrastructure, Captions said in a Tuesday […]
July 02, 2024
Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July...