.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Movie Fund to support AI-augmented movie ventures along with as much as $5M in financing, possibly increasing to $10M. Path, a leading trailblazer in artificial intelligence technology, has actually introduced The Hundred Film Fund, a brand-new effort developed to assist innovative professionals working on AI-augmented film projects. Depending on to runwayml.com, the fund currently stands up at $5 thousand, along with the possible to expand to $10 thousand.Funding Facts and Application Process.The Hundred Movie Fund is open to all layouts of film, consisting of features, shorts, documentaries, experimental projects, and music videos.
Grants range from $5,000 to over $1 thousand, with an extra $2 million in Path credit scores readily available for awardees. Functions are currently accessible for innovative professionals in the pre- or even post-production stages of their projects.Advisory Board.The fund’s Advisory Panel features noteworthy field characters that will certainly give direction as well as support boost picked projects. Current members of the panel feature:.Jane Rosenthal, Cofounder of Tribeca Event.Christina Lee Hurricane, EMPG Governor at The Television Academy.Stefan Sonnenfeld, Creator and Senior Colorist at Provider 3.will.i.am, Musician, Actor, and also Producer.Richard Kerris, VP GM Media & Enjoyment at NVIDIA.Extra members are expected to become declared in the happening weeks.Business Effect.Christina Lee Storm, Creative Manufacturer and also Guv of the Tv Institute’s Arising Media Computer programming colleagues, shared her pleasure about the fund, saying, “I’m thrilled to be actually signing up with the Advisory Door for Path’s Hundred Film Fund to help offer filmmakers and also performers all over the world the option to repeat and play with new and also surfacing tools like Path.
I eagerly anticipate viewing brand-new tales as well as strategies of storytelling that this Fund are going to unlock for producers who may not or else have the resources they require to inform their stories.”.Runway’s Mission.Runway strives to democratize access to enhanced AI devices for innovative professionals. The company is committed to guaranteeing that the future of storytelling is artist-led, along with cutting-edge modern technologies like Gen-3 Alpha at the cutting edge of their efforts.Experts considering getting the fund may do so at runwayml.com/TheHundredFilmFund.Image source: Shutterstock.