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Clipto raises $15m at $250m valuation for AI search
Clipto, a San Francisco-based startup that uses AI to make videos, audio, images and meetings searchable across a user’s computer, has raised $15 million in an all-equity round at a $250 million post-money valuation. Rather than joining the wave of generative AI firms focused on creating new content, Clipto is targeting the growing problem of…
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Barunson E&A Boards ‘Satan’s Slaves: Origin’; Franchise Prequel Billed As Joko Anwar’s Most Ambitious Production
Barunson E&A, the Korean sales studio behind Bong Joon Ho’s Oscar-winning Parasite, has taken on worldwide sales for Satan’s Slaves: Origin, a prequel to Indonesian director Joko Anwar’s hit horror franchise, pitching it to buyers at the inaugural TIFF Market this September. Billed as one of Southeast Asia’s most ambitious genre productions, the standalone origin…
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Abramorama Acquires ‘Miss Represenation: Rise Up,’ Jennifer Siebel Newsom Documentary About Backlash Against Women In Social Media Age
Distributor Abramorama has acquired North American rights to Miss Representation: Rise Up, a documentary by director Jennifer Siebel Newsom examining the backlash faced by women amid the rise of artificial intelligence, social media and misogyny. The film, a follow-up to Newsom’s 2011 film Miss Representation, will premiere at IFC Center in New York on 22…
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BT on track for estimated £2bn windfall from selling old copper amid AI boom
BT is set for a windfall estimated at more than £2bn over the next decade from selling off redundant copper cabling as it replaces the UK’s old telephone network with full-fibre broadband. The company is benefiting from a surge in copper prices, driven by soaring demand from AI datacentres, electronics manufacturing and the renewable energy…
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‘Howard Stern Show’ Inks Deal For Weekly Series At HBO Max
Howard Stern is bringing The Howard Stern Show to HBO Max as a weekly filmed series, ending years in which only brief video clips of his SiriusXM broadcasts were made public. The deal, struck between HBO Max, Stern’s production company and SiriusXM, gives worldwide streaming audiences full access to the show for the first time,…
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Xbox CEO refuses to confirm whether next console Helix will have a disc drive
Xbox CEO Asha Sharma has declined to confirm whether Microsoft’s next console, codenamed Project Helix, will include a disc drive, deflecting repeated questions from the BBC about the future of physical media. The evasiveness matters because it fuels ongoing concerns among gamers that the games industry is moving inexorably towards an all-digital future, even as…
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Anthropic sued over alleged theft of ‘tens of thousands’ of songs
Sony Music Publishing and Warner Chappell have filed a multibillion-dollar lawsuit against Anthropic, alleging the AI company unlawfully used “tens of thousands” of copyrighted songs, including tracks by Mariah Carey, Marvin Gaye and Survivor, to train its Claude chatbot. The publishers, who manage rights on behalf of songwriters, describe it as “one of the largest…