Google Invests $75 Million in A24 Partnership to Develop AI Filmmaking Tools via DeepMind
By
Corbin Bolies
Summary
Google has invested approximately $75 million in independent film studio A24 through a partnership with its DeepMind AI unit. The deal will give A24 access to DeepMind's research and infrastructure to develop AI-powered filmmaking tools and workflows. DeepMind researchers will collaborate directly with the studio. Notably, the agreement does not grant Google access to A24's content library. The investment amount is comparable to what Thrive Capital invested during A24's last funding round.
Source
VarietyGoogle Invests $75 Million in A24 Partnership to Develop AI Filmmaking Tools via DeepMindvariety.comKey quotes
· 4 pulledA24 and Google have struck an AI research partnership that will see the independent studio work with Google's DeepMind unit to develop new AI-powered technologies for filmmakers.
Google's roughly $75 million investment is tied to the partnership and is in line with what Thrive Capital invested during the studio's last funding round, according to the Wall Street Journal.
The partnership will give A24 access to DeepMind's research and infrastructure, while DeepMind researchers will work with the studio to build out new workflows.
The deal does not give Google access to A24's content library.
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