Tyler Perry halts $800M studio expansion due to AI advancements Fox Business
News Source : Fox Business
News Summary
- Tyler Perry had plans to expand his studio in Atlanta with 12 new soundstages
- Last week, OpenAI debuted its new tool, Sora, which can create visually complex shots of subjects and their backgrounds
- Perry recognizes the benefit of the technology lowering location and set costs
- He's also cognizant it might cost some people their jobs
For the past four years, filmmaker Tyler Perry has planned to expand his studios in Atanta, a massive venture that would cost him around $800 million.Last week, OpenAI debuted its new tool, Sora, [+2899 chars]