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Yesterday β€” 19 September 2024Main stream

Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training

18 September 2024 at 22:10
An illustration of a filmstrip with a robot, horse, rocket, and whale.

Enlarge (credit: Benj Edwards / Malte Mueller via Getty Images)

On Wednesday, AI video synthesis firm Runway and entertainment company Lionsgate announced a partnership to create a new AI model trained on Lionsgate's vast film and TV library. The deal will feed Runway legally clear training data and will also reportedly provide Lionsgate with tools to enhance content creation while potentially reducing production costs.

Lionsgate, known for franchises like John Wick and The Hunger Games, sees AI as a way to boost efficiency in content production. Michael Burns, Lionsgate's vice chair, stated in a press release that AI could help develop "cutting edge, capital efficient content creation opportunities." He added that some filmmakers have shown enthusiasm about potential applications in pre- and post-production processes.

Runway plans to develop a custom AI model using Lionsgate's proprietary content portfolio. The model will be exclusive to Lionsgate Studios, allowing filmmakers, directors, and creative staff to augment their work. While specifics remain unclear, the partnership marks the first major collaboration between Runway and a Hollywood studio.

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Before yesterdayMain stream

Generative AI startup Runway inks deal with a major Hollywood studio

18 September 2024 at 15:36

Runway, a startup developing AI video tools, including video-generating models, has partnered with Lionsgate β€” the studio behind the β€œJohn Wick” and β€œTwilight” franchises β€” to train a custom video model on Lionsgate’s movie catalog. Lionsgate vice chair Michael Burns said in a statement that the studio’s β€œfilmmakers, directors and other creative talent” will get […]

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Runway announces an API for its video-generating AI models

16 September 2024 at 16:33

Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company’s generative AI models into third-party platforms, apps, and services. Currently in limited access (there’s a waitlist), the Runway API only offers a single model to choose from β€” Gen-3 Alpha Turbo, a faster […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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