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]

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