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AI film startup Utopai Studios raised $60 million at a $1 billion valuation and is already fielding offers that could value it at up to $3 billion. The company plans to release three feature films in theaters next year. Read more: https://thein.fo/4z54f1r

thein.foUtopai Becomes a Unicorn as Video AI Takes OffWhile much of the AI industry has fixated on new personal AI assistants from Meta and OpenAI, video AI is enjoying a quiet renaissance. Hollywood mogul Jeffrey Katzenberg is teaming up with the former...

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