AI Video Startup Runway Raises $141 Million From Google, Nvidia

Runway AI Inc., whose artificial intelligence software can create a short video from just a few typed words, has raised $141 million in funding from Alphabet Inc.’s Google, Nvidia Corp., Salesforce Inc. and other investors.

Runway’s new funding, which the company plans to announce Thursday, is an extension of a $50 million Series C financing round in December led by Felicis Ventures. With the new cash infusion, Runway, which has been making AI-based film and editing tools since 2018, has raised about $237 million.

Runway is at the leading edge of a global surge in interest in AI. So ...