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Martin Scorsese Backs AI Company and Says He’s Using It to Storyboard Movies: β€˜We Have to Be Open to How’ Cinema Can β€˜Evolve’

Martin Scorsese is the latest Oscar-winning director to hop on the AI wagon, joining the AI firm Black Forest Labs as an adviser in a bid to β€œpush the bounds of creativity to create deeper and richer experiences for audiences.” β€œCinema is a young medium, only around 125 years old, so we have to be […]

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New York Times Publisher Warns That AI Companies Are Making Choices That β€˜Violate Settled Law’ and Could Cause a β€˜Great Deal of Unnecessary Harm’

New York Times publisher A.G. Sulzberger warned that AI companies were making choices that could lead to β€œa great deal of unnecessary harm” to the news business and the public’s access to reliable sources, in a speech delivered during the World News Media Congress in France on Monday. Companies leading the development of generative-AI systems β€”Β including […]

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AI Music Company Suno Raises $400 Million at $5.4 Billion Valuation

Suno, an AI music generation platform, pocketed $400 million in its latest funding round, which the company says values the company at $5.4 billion. The funding round, announced Wednesday, was led by Bond Capital, withΒ IVP, Forerunner, Union Square Ventures, Alkeon Capital Management and Quiet joining the mix. Previous investors who joined the Series D funding […]

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AI Firm Utopai Studios Launches Enhanced 2.0 Version of Generative Video Platform

Utopai Studios unveiled the second version of its AI video storytelling platform PAI, less than three months after its initial version debuted. The company introduced the generative video platform PAI in March, allowing users to tinker with videos across each step of the creative process. The goal was to produce visual stories without the need […]

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I Saw β€˜Hell Grind,’ the AI Film From Cannes. The Plot Is Nonsensical, but the Visuals Were Shockingly Realistic

Some facets of a trip to see an AI-generated movie mimic seeing a regular one. You’re seated in a theater, one thankfully with reclining chairs. Living, breathing human beings take up the seats surrounding you. A bowl of popcorn, ostensibly popped by humans, sits in front of you. But everything you see and hear on […]

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Stan Lee β€˜Returns’ Under AI Pact: ElevenLabs Licenses Marvel Legend’s Voice and Likeness

Marvel Comics has long resurrected iconic characters for second acts. Now ElevenLabs is doing the same for Marvel’s most famous creator, Stan Lee β€”Β in a sense. The AI audio company on Wednesday said it struck an expansive deal with Stan Lee Universe, the joint venture between Genius Brands International and POW! Entertainment, to add the […]

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Warner Music Acquires Sureel AI, a Platform That Aims to Protect Music and Other Assets From Unauthorized Use and Monetization

Warner Music Group on Wednesday announced its acquisition of the startup Sureel AI, a platform that uses a technology called β€œAI DNA” in an effort to protect creative projects and other intellectual property β€” including music, voices, likeness and performance β€” from unauthorized use and monetization by AI training models. Terms of the deal were […]

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ElevenLabs Partners With Hasbro’s AI Studios to License Transformers,Β Mr. Potato Head, ClueΒ Characters and More for AI Use

Mr. Potato Head, Optimus Prime and Mr. Monopoly are uniting β€” in the world of AI.Β  AI audio startup ElevenLabs has partnered with Hasbro to bring a collection of the toy and game company’s suite of characters, including some from Transformers, the board games Monopoly and Clue, Mr. Potato Head and to its Iconic Marketplace,Β its […]

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