Learn how the creator economy is transforming the marketing landscape, and how to cultivate partnerships to grow engaged communities at Social Media Week: The Creatorverse, May 16–18 in NY. Register now to secure your early bird pass.
A series of research advances over the past few years have unlocked new potential for the use of AI in creative settings, from generating realistic-sounding copy to creating art from scratch. Startup Runway wants to make all of these capabilities accessible to anyone regardless of their coding background in a model similar to the Adobe Creative Suite.
This week, the company raised $8.5 million in a vote of confidence for that ambitious mission with a new funding round led by Amplify Partners with participation from Lux Capital and Compound Ventures.