<ul><li>New York-based startup Runway has raised $308 million in new funding, pushing its valuation to approximately $3 billion.</li><li>The Series D round was led by General Atlantic, with participation from major backers, including Fidelity, Baillie Gifford, NVIDIA, SoftBank, and others.</li><li>Runway focuses on generative AI tools for video and media production and recently released Gen-4, a new AI video model that delivers sharper fidelity and more realistic motion.</li><li>Runway also hosts its AI Film Festival to explore the role of AI tools in the film community and engage with creators.</li></ul>

AI Startup Runway Attains $3 B Valuation Following $308 M Funding Round

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