.Joerg Hiller.Sep 26, 2024 17:22.Path launches The Hundred Film Fund to assist AI-augmented film ventures with as much as $5M in funding, possibly increasing to $10M. Path, a leading trailblazer in AI modern technology, has unveiled The Hundred Film Fund, a brand new initiative made to assist imaginative specialists servicing AI-augmented film jobs. According to runwayml.com, the fund presently stands up at $5 thousand, along with the prospective to develop to $10 million.Funding Information and Treatment Process.The Hundred Film Fund levels to all formats of film, featuring features, shorts, films, experimental jobs, and also music videos.
Grants range coming from $5,000 to over $1 million, along with an added $2 million in Runway credit reports offered for recipients. Applications are actually currently accessible for artistic experts in the pre- or even post-production stages of their tasks.Advisory Door.The fund’s Advisory Panel consists of remarkable field characters who will definitely deliver support and aid enhance decided on jobs. Current members of the panel include:.Jane Rosenthal, Cofounder of Tribeca Festivity.Christina Lee Hurricane, EMPG Guv at The Tv Institute.Stefan Sonnenfeld, Founder and Elderly Colorist at Company 3.will.i.am, Performer, Actor, and also Developer.Richard Kerris, VP GM Media & Home Entertainment at NVIDIA.Much more participants are actually anticipated to become revealed in the happening weeks.Industry Influence.Christina Lee Hurricane, Creative Developer and also Guv of the Tv Institute’s Emerging Media Programs colleagues, revealed her enjoyment regarding the fund, explaining, “I am actually thrilled to be signing up with the Advisory Board for Path’s Hundred Movie Fund to assist provide producers and also performers all over the world the chance to repeat and have fun with new as well as arising devices like Path.
I anticipate finding new tales and techniques of storytelling that this Fund will definitely open for producers who might not or else have the information they need to have to tell their stories.”.Path’s Objective.Path strives to equalize accessibility to advanced AI tools for artistic specialists. The provider is actually devoted to making sure that the future of narration is actually artist-led, with impressive innovations like Gen-3 Alpha at the leading edge of their efforts.Specialists thinking about requesting the fund may do so at runwayml.com/TheHundredFilmFund.Image resource: Shutterstock.