.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Film Fund to sustain AI-augmented film ventures along with as much as $5M in funding, possibly growing to $10M. Path, a leading pioneer in AI innovation, has actually introduced The Hundred Movie Fund, a brand-new initiative made to sustain innovative experts working with AI-augmented movie jobs. Depending on to runwayml.com, the fund currently stands at $5 thousand, with the possible to increase to $10 million.Financing Information and Application Process.The Hundred Film Fund is open to all styles of movie, including attributes, pants, docudramas, speculative projects, and video.
Grants range coming from $5,000 to over $1 thousand, along with an additional $2 million in Runway debts available for awardees. Functions are now available for imaginative experts in the pre- or post-production periods of their projects.Advisory Board.The fund’s Advisory Board features remarkable market characters who will deliver direction as well as aid boost decided on ventures. Existing members of the board include:.Jane Rosenthal, Cofounder of Tribeca Festival.Christina Lee Hurricane, EMPG Governor at The Tv Institute.Stefan Sonnenfeld, Creator and Elderly Colorist at Provider 3.will.i.am, Musician, Star, and also Manufacturer.Richard Kerris, VP GM Media & Entertainment at NVIDIA.Extra participants are actually assumed to become revealed in the happening full weeks.Field Impact.Christina Lee Hurricane, Creative Manufacturer as well as Guv of the Television Academy’s Emerging Media Programs peer group, shared her enjoyment concerning the fund, explaining, “I’m enjoyed be participating in the Advisory Board for Runway’s Hundred Film Fund to aid offer producers and performers around the world the possibility to repeat and enjoy with new and developing resources like Path.
I anticipate observing new stories as well as strategies of storytelling that this Fund will certainly open for filmmakers that may not otherwise have the resources they need to tell their stories.”.Runway’s Goal.Runway targets to equalize accessibility to innovative AI tools for artistic specialists. The business is actually devoted to making sure that the future of storytelling is artist-led, with ingenious modern technologies like Gen-3 Alpha at the leading edge of their attempts.Experts interested in applying for the fund may do thus at runwayml.com/TheHundredFilmFund.Image source: Shutterstock.