Runway, an emerging provider of artificial intelligencetechnology, has raised $308 million in Series D funding.
The companyinked a dealwith Lionsgate last September to augment the film and TV studio with Runway AI tools.
The new funds will help pay for an expansion of Runway Studios.
RunwayJaque Silva/NurPhoto via Getty Images
The models enable precise generation of consistent characters, locations and objects across scenes, the company added.
