AI officially enters the film and television production industry! Amid controversy, Netflix (NFLX.US) is the first to test the waters with Runway AI video tools.
According to the Wise Finance APP, Netflix (NFLX.US) has started using the artificial intelligence (AI) video generation software from the startup company Runway AI, testing new territory in Hollywood amid ongoing controversy over this technology. According to sources familiar with the matter, the streaming giant is currently using the tools from this New York startup for content production. Netflix has declined to comment on this.
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