AIThe Information2h ago
Utopai, an AI film studio
Utopai, an AI film studio that says it has more than 20 projects in the works, raised $60M at a $1B valuation
TL;DRAI video startup Utopai raised $60M at $1B valuation with 20+ projects planned.
Why it matters: Video AI is attracting serious capital and Hollywood backing, signaling a shift from chatbots to content creation tools.
While 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 …
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