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Runway Raises $308 Million to Speed Filmmaking With AI

  • Video AI firm Runway has raised $308 million in a recent funding round, valuing the company at $3 billion.
  • The funding will be used to boost research into AI models and expand the creative team.
  • Runway aims to accelerate the filmmaking process by employing AI software.
  • Getty Images is also embracing AI technology to enhance its position in the industry.

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