Google LLC has reportedly invested in Runway AI Inc., a New York-based startup that develops generative artificial intelligence models.
Google is said to have made the investment as part of a $100 million funding round that Runway recently raised...
According to The Information, Google invested in Runway at a $1.5 billion post-money valuation. That means the startup is now worth three times more than last December, when it closed a $50 million Series C round led by Felicis Ventures.
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