Leader in AI video generation, Runway, announces the launch of a $10 million venture fund and an "Entrepreneurs Program" aimed at building an ecosystem around its "Video Intelligence" technology. The fund will invest up to $500,000 in early-stage startups in areas such as AI infrastructure, application layers, and new media formats, having previously invested in companies like LanceDB and Tamarind Bio. Meanwhile, the "Entrepreneurs Program" will provide seed to Series C startups with $500,000 API credits to test Runway's new real-time video proxy API "Characters," exploring its applications in telemedicine, education, and interactive entertainment.

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