AI company Runway raises $141 mn in VC funding

AI company Runway has raised $141 million from investors, including Alphabet-owned Google and Nvidia.
VC funding for techThe extension to the Series C funding round also included Salesforce Ventures and Runway’s existing investors.

Runway’s software allows users to transform or tweak existing videos or create new videos by using text prompts or images. The company also launched a mobile app earlier this year, giving its users access to its generative AI tools.

Another AI startup Inflection raised $1.3 billion from Microsoft.

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