AI Film Startups Set Up Hollywood Studios
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- AI film startups are setting up studios in Hollywood and using AI models from both the US and China for film production.
- The startups are positioning AI as a path to lower production costs and an alternative to traditional studio financing, though some filmmakers fear the technology will threaten industry jobs.
Why it matters: Filmmakers without access to major studio financing now have a lower-cost path to production using AI models from both the US and China, while the technology's spread is raising fears of job losses across the film industry.
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