Saudi Big Bet on AI Film-Making as Hollywood Moves from Studios to Datacentres

2 pointsposted 10 hours ago
by pbahra

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pbahra

10 hours ago

Saudi Arabia has made a multimillion-dollar investment in an artificial intelligence-driven video production company that aims to transform how movies are made.

Silicon Valley business Luma AI has raised $900 million in Series C funding, with the round led by the Public Investment Fund’s AI company Humain.