
Generative A.I. Destroys a Building in Its Netflix Debut
Ted Sarandos, one of Netflix's chief executives, said during the company's second-quarter earnings call on Thursday that the technology was a strong tool for creators and was accompanied by 'real people doing real work.'
'We remain convinced that A.I. represents an incredible opportunity to help creators make films and series better, not just cheaper,' Sarandos said.
But for 'The Eternaut,' an Argentine show that incorporated the A.I. work, the decision also came with significant savings.
The cost of creating a similar scene with traditional visual effects would not have been feasible within the show's budget, Sarandos said. The use of A.I., he said, allowed creators to complete the scene 10 times as quickly.
'The Eternaut,' a six-episode series adapted from a science fiction comic, debuted on April 30. In the series, the rare snow descending on Buenos Aires turns out to be fatal, killing anyone who comes into contact with the snowflakes. One survivor becomes determined to battle this threat, and others.
The use of A.I. in movie and television production was a main concern in Hollywood in 2023, when SAG-AFTRA, the union representing tens of thousands of actors, went on strike for 118 days. The contract it reached included a specific provision about the use of A.I., guaranteeing that the technology would not be used to create digital replicas of actors' likeness without compensation or approval.
While 'The Eternaut' is the first use of generative A.I. onscreen, Netflix is also considering how to integrate the technology into other areas like member experience. Gregory Peters, one of the company's chief executives, said during the earnings call that there was 'tremendous room and opportunity' for the use of new generative technology in personalization and recommendations.
Netflix exceeded Wall Street's forecasts for the second quarter, earning $11.1 billion in revenue and $3.1 billion in net income.
The most-watched film during that period was 'Back in Action' starring Cameron Diaz and Jamie Foxx, and the British drama 'Adolescence' was the most-watched television show.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Fermi America and Hyundai sign MoU for nuclear-powered grid project
Fermi America, in collaboration with the Texas Tech University System, has signed a memorandum of understanding (MoU) with Hyundai Engineering & Construction (E&C) to build the nuclear component of the world's largest private power grid for next-generation AI. The two entities signed the MoU in Seoul, South Korea, outlining their terms to jointly design and execute the delivery of safe and clean nuclear power within the private grid project. The project will integrate with combined-cycle natural gas, solar power and battery storage alongside data centre infrastructure capable of delivering up to 11GW of power. The partners will jointly plan for a nuclear-based hybrid energy venture, which includes developing a comprehensive business package for each project phase, conducting feasibility studies and creating basic engineering designs (FEED) as well as executing engineering, procurement and construction projects. Fermi America co-founder Toby Neugebauer stated: "We couldn't be more pleased to partner with the team at Hyundai E&C to power the future of AI. America doesn't have time to practice – we need to work with proven partners like Hyundai, who have a successful track record of planning and building safe, clean, new nuclear energy. Welcome to Texas!" In June 2025, Fermi America submitted its combined operating licence application in the US for building AP1000 nuclear units, which has been accepted for review. With Hyundai E&C's involvement confirmed, construction on the complex will commence in 2026 with the first reactor operational by 2032. Hyundai E&C CEO Hanwoo Lee stated: "We have been impressed by the executive team Fermi America has assembled, bringing together seasoned leaders in their respective fields. "We are especially pleased to see familiar faces in nuclear leadership from one of the most successful recent new build projects, and we look forward to working together to bring this ambitious vision to life." The Emirates Nuclear Energy Company recently partnered Hyundai E&C to explore international opportunities in the nuclear energy sector. The two organisations formalised their collaboration by signing an MoU. "Fermi America and Hyundai sign MoU for nuclear-powered grid project" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Mark Zuckerberg Is Wooing Wall Street With AI Again. Is It Too Late to Buy META Stock?
Meta Platforms (META) released its Q2 2025 earnings yesterday, July 30, and the stock is trading sharply higher today, as the company not only reported better-than-expected numbers for the June quarter, but also provided an upbeat outlook for the current quarter. In this article, we'll discuss whether Meta stock remains a buy despite today's rise, as CEO Mark Zuckerberg once again showed off the company's artificial intelligence (AI) strategy to the markets. Meta Beats Q2 Earnings Meta reported revenues of $47.52 billion in Q2, up 22% year-over-year and well ahead of the Street estimate of $44.8 billion, as well as the $42.5 billion to $45.5 billion that the company guided for. The beat on the bottom line was even more spectacular. Meta's Q2 earnings per share of $7.14, up 38% year over year, dwarfed the $5.92 that analysts were modeling. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? Dear MicroStrategy Stock Fans, Mark Your Calendars for July 31 2 Growth Stocks Wall Street Predicts Will Soar 74% to 159% Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Meta guided for Q3 sales between $47.5 billion and $50.5 billion, ahead of the consensus estimate of $46.14 billion. Here are some of the other key takeaways from the report. Hiring Activity Will Lead to Higher Expenses: Meta expects headcount growth in 2025 and 2026 as it continues to add employees in its 'highest priority areas.' The company expects total expenses to grow by between 20% and 24% this year and expects 'meaningful upwards pressure' on 2026 expenses. Meta expects higher depreciation expense on growing capex to be the biggest driver of expense growth, followed by employee compensation. Capex Spending to Increase in 2026: During the Q2 earnings call, Meta CFO Susan Li talked about ramping up AI investments in 2026. 'We continue to see very compelling returns from our AI capacity investments in our core ads and organic engagement initiatives, and expect to continue investing significantly there in 2026.' Metaverse Losses Balloon While Sales Stay Tepid: Meta's Reality Labs segment, which is building the metaverse, reported revenues of only $370 million in Q2, which trailed Street estimates. While that segment's operating loss rose slightly compared to the corresponding period last year to $4.53 billion, it was narrower than expected. Its quarterly operating losses have been in the ballpark of $4 billion for the last three years, and the collective losses since late 2020 have accumulated to a whopping $70 billion. While the company's Quest headsets failed to take off, Meta said that sales of Ray-Ban Meta smart glasses more than tripled in the first half of this year. Zuckerberg, meanwhile, remains optimistic on that segment and said that AI will only accelerate things. WhatsApp Monetization: Meta is rolling out ads in Status and Channels. The company expects the ads in WhatsApp status to have a lower average selling price than Facebook and Instagram, but monetizing the WhatsApp user base is one of the major opportunities for Meta in the medium to long term. Zuckerberg Woos Markets with AI Strategy During Meta's Q1 earnings call, Zuckerberg shattered the perception that AI is a bubble. The Q2 call was a step forward in that direction as the Meta CEO talked at length about how the company is taking its AI strategy forward, and towards the beginning of the call itself claimed that 'superintelligence' – or AI surpassing human intelligence – is now in sight.' According to him, AI glasses will help 'integrate superintelligence into our day-to-day lives.' Zuckerberg also put to rest concerns over AI monetization and said that the strong advertising growth in the quarter, which was well ahead of analysts' estimates, was largely due to 'AI unlocking greater efficiency and gains across our ads system.' Specifically, he said that the AI-powered recommendation model helped drive nearly 5% more ad conversions on Instagram while the corresponding number for Facebook was 3%. Similarly, the model helped drive an increase in time spent on Instagram and Facebook by 6% and 5%, respectively. Zuckerberg reiterated his previous view and said, businesses 'will soon have a business AI just like they have an email address, social media account, and website.' Meta Stock Forecast: Is It Too Late to Buy Now? Meta has risen to an all-time high today and is on the cusp of becoming a $2 trillion behemoth. Expectedly, sell-side analysts have been raising the stock's target price following the confessional. D.A. Davidson, for instance, raised Meta's target price from $650 to $825 while Morgan Stanley raised its from $750 to $850. I believe it's still not too late to buy Meta stock, especially for patient investors, and I still see it as among the best AI plays out there. While the stock's valuations are trending above historical averages, the Facebook parent has earned the right to premium valuations with its aggressive yet successful and efficient AI strategy. On the date of publication, Mohit Oberoi had a position in: META. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
22 minutes ago
- Yahoo
‘BoJack Horseman' Creator's New Show ‘Long Story Short' Renewed for Season 2 Ahead of Series Premiere
"It must be a really good show. I can't wait to watch it when it premieres on Netflix, Friday, Aug. 22," Raphael Bob-Waksberg says Long story short, Raphael Bob-Waksberg's upcoming animated series 'Long Story Short' has already been renewed for a second season — and it hasn't even aired its series premiere yet. The 'BoJack Horseman' creator celebrated the early renewal on Thursday, telling Tudum, ''Wow! A Season 2?! And Season 1 hasn't even come out yet! It must be a REALLY good show. I can't wait to watch it when it premieres on Netflix, Friday, Aug. 22! Let's all do that!' More from TheWrap Liam Neeson Admits He Used a Butt Double in 'The Naked Gun': 'It's in the Contract' | Video 'BoJack Horseman' Creator's New Show 'Long Story Short' Renewed for Season 2 Ahead of Series Premiere 'Leanne' Review: Leanne Morgan Leads Netflix's Refreshing New Comedy Fox Corp. Buys One-Third Stake in Penske Entertainment for $125 Million ''Long Story Short' is an animated comedy about one family, over time. Jumping through the years, we follow the Schwooper siblings from childhood to adulthood and back again, chronicling their triumphs, disappointments, joys and compromises,' per the logline. 'It's about the shared history, the inside jokes, the old wounds. If you've ever had a mother, father, sibling, partner or child, this is the show for you and by the way would it kill you to call them?' Lisa Edelstein, Paul Reiser, Ben Feldman, Abbi Jacobson, Max Greenfield, Angelique Cabral and Nicole Byer star, with Dave Franco and Michaela Dietz as recurring guest stars. Watch the trailer, below. Lisa Hanawalt is the supervising producer, with Noel Bright and Steven A. Cohen serving as executive produce for Tornante Television and ShadowMachine's Corey Campodonico and Alex Bulkley as co-executive producers. 'It is legitimately a thrill and an honor to be back doing what I love most: drafting enthusiastic pull quotes for press releases to Hollywood trade publications,' Bob-Waksberg previously joked when the show was first picked up in August 2024. 'Who says you can't go home again?!' 'Long Story Short' premieres Aug. 22 on Netflix. The post 'BoJack Horseman' Creator's New Show 'Long Story Short' Renewed for Season 2 Ahead of Series Premiere appeared first on TheWrap. Solve the daily Crossword