Reported 5 months ago
Alphabet Inc. and Meta Platforms Inc. are in talks with major Hollywood studios to license content for their AI video generation software, offering significant amounts of money for partnerships. Hollywood is exploring AI to cut costs and protect content, while also navigating concerns about the technology's impact on the industry. Studios like Warner Bros. Discovery are considering limited content licensing for AI training, while Disney and Netflix are cautious. Filmmakers like Tyler Perry and Robert Zemeckis are already using AI in production, but new tools like OpenAI's Sora and Alphabet's Veo are aiming for hyper-realistic clips from brief descriptions, sparking both excitement and anxiety in Hollywood over AI's potential to reshape the industry and impact jobs.
Source: YAHOO