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Jeffrey Katzenberg, the DreamWorks co-founder behind Shrek and Kung Fu Panda, is teaming up with Bill Peebles, the former head of OpenAI's Sora video model, to launch a new artificial intelligence startup aimed at building video generation tools for professional…

Google Alphabet Inc. on Thursday unveiled Gemini Omni 1.1 Flash, a update to its generative video model that adds scene extension, keyframe-based transitions, a faster draft mode, and 4K upscaling — tools aimed at making AI-generated video practical for professional…

Anthropic is in advanced talks to acquire Israeli AI startup Decart for approximately $6 billion, according to Bloomberg. The deal has not been finalized and could still fall through, the report said, citing people familiar with the private negotiations.