Luma AI has raised $900 million in a funding round led by Saudi Arabia's Humain, pushing the video generation startup’s valuation past $4 billion. The deal, announced at the U.S.-Saudi Investment Forum, includes plans for a massive 2-gigawatt AI supercluster…
Kirby unpacks how AI has quietly become the dominant interface in the subscription economy, eclipsing streaming services, productivity tools, and even the OS itself. Drawing on new Bango research, he shows how consumers now rank AI agents above Netflix and…
Adobe has partnered with YouTube to integrate its Premiere mobile app into the Shorts creation flow, enabling creators to edit and upload content directly from the YouTube app. The move supports both Adobe’s push into mobile content creation and YouTube’s…
Ask Skip tackles growing concerns over AI in Hollywood, assuring creatives that while Netflix is aggressively integrating AI into production, ad tech, and personalization, it still values human storytellers. The streamer’s goal isn’t to replace creators, but to enhance efficiency…
DirecTV is partnering with AI company Glance to replace traditional TV screensavers with interactive, AI-generated ads on Gemini devices starting early next year. Backed by Google, Glance enables users to customize ads by inserting themselves into AI-generated videos and shop…
Fox Entertainment has taken an equity stake in Holywater, a Ukrainian vertical video startup known for AI-driven microdramas. As part of the deal, Fox will produce over 200 vertical titles for Holywater’s My Drama app and integrate Fox IP into…
Ay Yapim is debuting Castle Walls, its first AI-generated series, produced by its new Singapore-based subsidiary AI Yapim. The three-episode short series, inspired by Iran’s Alamut Castle and Ubisoft’s Assassin’s Creed Mirage, was fully developed using generative AI tools like…
Disney, Warner Bros. Discovery, and Universal Pictures have sued Chinese AI firm MiniMax for allegedly using their copyrighted characters in its Hailuo AI product without permission. The studios claim the tool generates and promotes characters like Darth Vader, Superman, and…
Roku is making a major push to expand streaming ad inventory by targeting small and medium-sized businesses (SMBs) with generative AI tools. CFO Dan Jedda said the company aims to grow from 200 major advertisers to 100,000, making ads more…
Magnite has acquired streamr.ai, an AI platform that enables SMBs to create and launch video ads on streaming TV, in a move to unlock new advertising budgets and simplify campaign execution. The deal allows Magnite to offer white-labeled creative and…
