Below you will find pages that utilize the taxonomy term “news”
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Hollywood Writers Reach Tentative Deal with Studios, Ending Strike
The Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) reached a tentative agreement on a new three-year contract on September 24, 2023, after a 146-day strike. The agreement includes significant gains for writers in all sectors of the industry, including higher wage floors, improved residuals, and protections against the use of artificial intelligence in writing rooms.
The tentative agreement must now be ratified by the WGA membership before it can take effect.
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Genus AI Secures $6 Million in Seed Round Extension, Totaling $11 Million in Funding to Revolutionize E-commerce with Generative AI
Genus AI, a prominent generative AI platform catering to Direct-to-Consumer (D2C) and e-commerce brands, has successfully secured an additional $6 million in a seed round extension, elevating the company’s total seed funding to a substantial $11 million. This infusion of capital comes from a diverse group of investors, including a leading US social media platform, Aleph Group Inc. – an ecosystem of global digital experts and technology-driven solutions for digital marketing, as well as strategic angel investors like Kazuki Ohta, Co-Founder & CEO of Treasure Data; Magnus Lundin, Founder of Heep Agency; Tomas Slimas, Co-Founder of Oberlo (acquired by Shopify), among others.