.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Movie Fund to support AI-augmented film tasks with as much as $5M in backing, potentially increasing to $10M. Path, a leading trailblazer in AI innovation, has unveiled The Hundred Film Fund, a new project created to sustain innovative specialists dealing with AI-augmented movie tasks. Depending on to runwayml.com, the fund presently stands at $5 thousand, along with the potential to increase to $10 thousand.Financing Particulars and also Use Refine.The Hundred Film Fund levels to all formats of film, including attributes, pants, films, experimental jobs, and video.
Grants vary from $5,000 to over $1 million, along with an added $2 thousand in Path credits accessible for awardees. Apps are now available for creative experts in the pre- or post-production stages of their tasks.Advisory Panel.The fund’s Advisory Panel includes notable sector figures that will offer support as well as assistance amplify picked tasks. Present participants of the board consist of:.Jane Rosenthal, Cofounder of Tribeca Celebration.Christina Lee Storm, EMPG Guv at The Television Institute.Stefan Sonnenfeld, Founder and Senior Colorist at Provider 3.will.i.am, Musician, Actor, and also Producer.Richard Kerris, VP GM Media & Entertainment at NVIDIA.Much more participants are actually anticipated to be announced in the happening full weeks.Market Impact.Christina Lee Storm, Creative Developer as well as Governor of the Tv Academy’s Developing Media Programs colleagues, shared her enthusiasm about the fund, saying, “I’m thrilled to be actually joining the Advisory Board for Path’s Hundred Movie Fund to aid give producers and musicians worldwide the option to repeat and enjoy with brand-new and developing devices like Path.
I eagerly anticipate viewing brand new stories and techniques of narration that this Fund are going to open for producers who might certainly not typically possess the information they need to inform their stories.”.Runway’s Goal.Path aims to equalize accessibility to advanced AI devices for imaginative specialists. The firm is devoted to ensuring that the future of storytelling is artist-led, with innovative innovations like Gen-3 Alpha at the leading edge of their attempts.Specialists interested in requesting the fund may do thus at runwayml.com/TheHundredFilmFund.Image resource: Shutterstock.