"Since AI tools went mainstream, filmmakers, writers, and actors have been scrambling to figure out whether these technologies can truly assist their creativity or if they might end up replacing humans. But there's a larger concern to address before we get swept away by debate: AI can't run without enormous data centers and energy infrastructure. A new joint venture, dubbed Utopai East, aims to address that need by developing infrastructure specifically for producing movies and TV shows using AI."
"SFR, co-founded by Brian Koo (the grandson of LG Group's founder Koo In-hwoi) and Amin Badr-El-Din, the founder and chief executive of BADR Investments, is contributing capital to the joint venture, along with creative expertise and industry contacts. Utopai, meanwhile, is providing the technology, workflow and infrastructure. The project will also involve co-producing film and television projects, and expanding access to Korean intellectual property for international audiences."
AI requires enormous data centers and energy infrastructure to operate. A 50-50 joint venture named Utopai East combines investment firm Stock Farm Road (SFR) and AI production company Utopai Studios to develop infrastructure for AI-driven movie and TV production. SFR provides capital, creative expertise, and industry contacts; Utopai supplies technology, workflows, and production infrastructure. The venture will co-produce film and television projects and broaden access to Korean intellectual property for international audiences. Production will start using existing infrastructure, with the first content expected next year. Short-term goals focus on cost reduction and efficiency, while exploring new creative possibilities with Korean creators.
Read at TechCrunch
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