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Story summary
- Runway launches a $10 million venture fund to invest in early-stage AI, media, and world-simulation startups.
- The company aims to build an ecosystem around "video intelligence" and offers free API credits through its Builders program.
- Co-founder Alejandro Matamala-Ortiz says the initiative expands applications beyond creative tools.
- Runway has already backed early-stage companies including LanceDB and Tamarind Bio.
- Matamala-Ortiz envisions users engaging with immersive, real-time environments and characters to elevate entertainment.
