AI Video Generation Startup Runway Raises $315 Million At $5.3 Billion Valuation
AI is getting ever-better at generating video, and this potential is being reflected in the valuations of pure-play AI video generation companies. Runway, one of the pioneers in AI-powered video generation tools, announced today it has secured $315 million in Series E funding at a $5.3 billion valuation, marking a significant milestone for the generative…