AI in Tinseltown | Flux

The Los Angeles Times reports that AI's integration into Hollywood is moving at a cautious pace. While there's some progress, like Lionsgate's cautious step with AI startup Runway, major studios are holding back. They're wrestling with legal questions, the worth of their film libraries for AI training, and the creative community's fear of job losses.

Reels

Spiral | Flux

The recent emergence of AI tools like Adobe's Firefly Video Model has sparked debate in Hollywood, reminiscent of past fears surrounding technological advancements like CGI and sound. Film historian Tomas Elliott believes that while AI will transform the industry, it won't replace the unique creative spark that human artists bring to filmmaking.

Autodesk is enhancing filmmaking with AI at their Autodesk University event, introducing tools like Motion Prediction in Maya, aiming to make high-end film effects achievable on smaller budgets, thus opening doors for more storytellers.

Aoni Production and CoeFont Co. are partnering to bring AI treatment to the voices of iconic anime characters, starting with Goku from Dragon Ball. This initiative aims to use AI to translate original voice data into multiple languages, expanding the reach and versatility of beloved voice actors across different platforms, including voice assistants and navigation equipment.

Thrills

Neon Planet | Flux

Tales introduces its Large World Model (LWM), a tool where you can craft entire video games with just text prompts, potentially making game creation accessible to all, with applications extending into VR and education.

Sony has patented an AI system designed to generate video game assets using voice or text inputs, potentially revolutionizing how in-game content is created. This system aims to allow both developers and players to design elements like terrain, furniture, and other visual components through simple language commands.

Despite excitement about AI-driven search like Google's AI Overviews, marketers are not rushing in. They're concerned about costs, how to measure success, and brand safety, preferring to stick with what they know until these new tools prove themselves.

Bills

Disappointed Brussels | Flux

Key AI models from companies like OpenAI, Meta, and Alibaba are not fully compliant with the EU's AI Act, particularly in areas like cybersecurity and preventing discrimination. Tests show these models need adjustments to meet the stringent new regulations set to be enforced in the EU.

Live Aware Labs gets $4.8 million to grow its AI platform, which lets game developers incorporate player feedback in real time, aiming to refine games from conception to post-launch.

At Fortune’s Most Powerful Women Summit, top CFOs discussed AI's role in reshaping business. They see AI as key for improving customer interactions, automating tasks, and considering new workforce models, emphasizing a digital-first culture shift.

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