VFX company DNEG's AI unit Brahma, whose customers include Warner Bros. and the NBA, raised $150M led by Indian PE firm Multiples at a $2B post-money valuation
Brahma AI, an Indian start-up that makes artificial intelligence-generated audiovisual content for enterprise customers …
Chinese short-video company Kuaishou launches Kling Video O1, saying it is the first multimodal AI model to unify video generation, editing, and post-production
Brand-New Creative Engine for Endless Possibilities! Input anything. Understand everything. Generate any vision. With true multimodal understanding, Kling O1 unifies your input across texts, images, a...
Netflix used AI tools for the first time in one of its TV shows, for a VFX sequence; Ted Sarandos says the VFX costs would have been too high otherwise
Netflix says it has used visual effects created by generative artificial intelligence (AI) in one of its original TV shows for the first time.
Ted Sarandos says Netflix talent uses “AI tools to do set references, pre-vis, VFX sequence prep, shot planning” and AI can make movies “10% better”
Citing recent comments by James Cameron, Netflix Co-CEO Ted Sarandos said he hopes AI can make films “10% better,” not just “50% cheaper.”
In an interview with Meta CTO Andrew Bosworth, James Cameron says he is cautiously optimistic about generative AI's role in filmmaking, including cutting costs
In an interview with Meta CTO Andrew Bosworth, the filmmaker weighs in on Stability AI and VFX, “in the style of” prompts …
AI in Hollywood is a tech leap with a vast impact but remains a tool, not a replacement, for creatives; its speed, quality, and cost allow for VFX breakthroughs
but the emerging field is mired in copyright issues Gerui Wang / Forbes : Runway AI Is Changing Animation. How To Use It To Tell Untold Stories Mastodon: Dare Obasanjo / @carnage4life@mas.to : A fairl...
Stability AI says filmmaker James Cameron has joined its board of directors; Stability AI CEO Prem Akkaraju was previously CEO of VFX company WETA Digital
Alex Weprin / The Hollywood Reporter :
VFX company DNEG raised $200M from Abu Dhabi's UASG at a $2B+ valuation to expand its Brahma division, which is developing an AI-powered, photo-real CGI creator
Melanie Goodfellow / Deadline :
Unity plans to cut 265 jobs, or 3.8% of its workforce, and end its services deal with VFX company Wētā FX to focus on its core business in a “company reset”
UPDATE: Scroll down for a statement from WētāFX: — Reuters is reporting that Unity Software …