Runway CEO says AI could help Hollywood make 50 films instead of one $100M blockbuster | TechCrunch

Image for article Runway CEO says AI could help Hollywood make 50 films instead of one $100M blockbuster | TechCrunch
News Source : TechCrunch

News Summary

  • Cristóbal Valenzuela is the co-founder and CEO of AI video-generation startup Runway.
  • At Semafor World Economy this week, he suggested that studios should take the $100 million they spend on a single film and put it toward 50 films.
  • “Same quality.
  • Same amount of output, visually.
  • But you make way more content.
  • So you have way better chances of hitting something.
  • It’s a quantity problem,” he said.
Cristbal Valenzuela, the cofounder and CEO of AI videogeneration startup Runway, now valued atnorth of $5 billion, may not be winning over more hearts and minds in the antiAI, creative crowd wit [+3869 chars]

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