.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Film Fund to support AI-augmented film jobs with up to $5M in financing, possibly expanding to $10M. Path, a leading innovator in artificial intelligence innovation, has introduced The Hundred Film Fund, a brand-new initiative designed to sustain innovative specialists working with AI-augmented movie tasks. Depending on to runwayml.com, the fund currently stands up at $5 thousand, with the possible to develop to $10 thousand.Funding Particulars and Request Refine.The Hundred Film Fund levels to all layouts of movie, consisting of functions, shorts, films, experimental projects, and music videos.
Grants vary coming from $5,000 to over $1 thousand, along with an additional $2 thousand in Runway credits offered for recipients. Apps are now available for innovative professionals in the pre- or even post-production periods of their tasks.Advisory Board.The fund’s Advisory Board consists of significant field characters who will provide guidance as well as assistance boost picked projects. Present participants of the board feature:.Jane Rosenthal, Cofounder of Tribeca Festivity.Christina Lee Storm, EMPG Guv at The Tv Academy.Stefan Sonnenfeld, Founder and Senior Colorist at Business 3.will.i.am, Performer, Star, and also Manufacturer.Richard Kerris, VP GM Media & Entertainment at NVIDIA.Much more members are actually expected to become introduced in the coming full weeks.Sector Influence.Christina Lee Hurricane, Creative Manufacturer and Governor of the Tv Institute’s Developing Media Programming peer group, conveyed her enthusiasm about the fund, mentioning, “I’m enjoyed be participating in the Advisory Panel for Path’s Hundred Film Fund to help offer producers and artists around the world the chance to repeat and also have fun with brand-new and also emerging devices like Path.
I eagerly anticipate finding brand-new stories and approaches of storytelling that this Fund will certainly open for producers that might certainly not typically possess the information they need to have to inform their tales.”.Runway’s Goal.Runway strives to equalize access to sophisticated AI devices for creative experts. The business is actually devoted to making sure that the future of storytelling is artist-led, along with impressive modern technologies like Gen-3 Alpha at the forefront of their initiatives.Specialists interested in requesting the fund may do so at runwayml.com/TheHundredFilmFund.Image source: Shutterstock.