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Filmustage leverages AI to break down film scripts, create shooting schedules and more

TechCrunch

An AI platform for the film industry, Filmustage , is today announcing new funding. The pre-production phase lacked innovation, and Filmustage created an effective solution. The company also plans to use the funding to acquire new B2B customers, which include “several major players in the film industry,” Filmustage told TechCrunch.

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Runway earmarks $5M to fund up to 100 films using AI-generated video

Ooda Loop

To jump-start the new AI film ecosystem, Runway has set aside $5 million in cash and more in service credits to fund up to 100 original films. AI video generators need to believe that filmmakers will use their models in the production process. Otherwise why exist? If you’re an AI-curious director, […]

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Sony Ventures earmarks $10M to invest in African entertainment startups

TechCrunch

Sony Group announced today that it has established Sony Innovation Fund: Africa (SIF: AF), a program that will support the growth of entertainment businesses in Africa. Sony Ventures’s latest endeavor to […]

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Generative AI won’t automate your way to business model innovation

CIO

But as legendary Apple designer Jony Ive once advised Airbnb co-founder and CEO Brian Chesky as the company mulled cuts, “You’re not going to cut your way to innovation.” Future-proofing work now becomes a mandate and an opportunity to innovate. Restructuring and automating are necessary parts of business survival.

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Tencent Cloud partners with S.M.A.R.T Entrepreneurship Club to build smart businesses with AI Digital Human solution

CIO

This innovation helps enterprises reduce content production costs while enhancing product credibility and value. This partnership empowers businesses to build smarter and more innovative systems,” added Professor Andrew Chin, Secretary-General of the S.M.A.R.T Entrepreneurship Club.

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Film, Pixel, Point

Dell EMC

The following is a guest post from Glenn Gainor, President and Director Innovation Studios, Sony Entertainment & Technology. Some 20 years ago, on a film called “Happy Texas,” I had a problem the night before shooting. Let me take you on a journey and start off by telling you that I’ve never publicly shared this story… until now.

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? Knock Your Innovation Program Out of the Park

Planbox

In the 1989 film Field of Dreams , Iowa corn farmer Ray Kinsella, played by Kevin Costner, hears a voice telling him “If you build it, they will come,” which Ray interprets as an instruction to build a baseball diamond in his fields. Innovation is not all that different to a team sport. Build It and They Will Come. Hey, Batter Batter.