AI company Runway valued at $1.5 billion in the latest funding

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AI company Runway has been valued at $1.5 billion in its latest round of funding, a source familiar with the matter said.

Salesforce Vc and Runway present investors were also a part of the expansion of the Series C fundraising round.

Using messages or pictures, Runway software can modify or alter already-existing movies or produce brand-new videos.

Yet another AI firm, Inflection, got the sum of $1.3 billion from Microsoft previously at a value of 4 billion dollars

Understanding artificial intelligence can assist people in comprehending the current state of technology.

People may use this information to find fresh prospects for innovation and development.

Over the past ten years, fintech has experienced a lot of innovations.

Processing times for financial institution operations can be slashed thanks to AI.

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