Latest news with #PeterChernin
The Star
20-05-2025
- Business
- The Star
Andreessen Horowitz-backed studio Promise partners with Google on AI, adds investors
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, U.S., May 13, 2025. REUTERS/Carlos Barria/File Photo (Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet's Google to use its AI technologies. The startup has also expanded its investor base, with new backing from Google's AI Futures Fund, Crossbeam Venture Partners, and others, the company said in a blog. Former News Corp President Peter Chernin's firm, North Road Company, a co-lead investor, has invested additional capital in this round. Promise will integrate Google's AI technologies into its production pipeline and workflow software, MUSE, while also collaborating with researchers from DeepMind. Hollywood studios have been exploring ways to incorporate GenAI tools to reduce costs and speed up the content creation process. Founded by Fullscreen CEO George Strompolos, former YouTube executive Jamie Byrne and AI artist Dave Clark, Promise aims to capitalize on the GenAI boom and is working with Hollywood stakeholders to develop a multi-year lineup of content. Production of its first feature-length film is slated to begin this year. (Reporting by Juby Babu in Mexico City; Editing by Mohammed Safi Shamsi)
Yahoo
20-05-2025
- Business
- Yahoo
Andreessen Horowitz-backed studio Promise partners with Google on AI, adds investors
(Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet's Google to use its AI technologies. The startup has also expanded its investor base, with new backing from Google's AI Futures Fund, Crossbeam Venture Partners, and others, the company said in a blog. Former News Corp President Peter Chernin's firm, North Road Company, a co-lead investor, has invested additional capital in this round. Promise will integrate Google's AI technologies into its production pipeline and workflow software, MUSE, while also collaborating with researchers from DeepMind. Hollywood studios have been exploring ways to incorporate GenAI tools to reduce costs and speed up the content creation process. Founded by Fullscreen CEO George Strompolos, former YouTube executive Jamie Byrne and AI artist Dave Clark, Promise aims to capitalize on the GenAI boom and is working with Hollywood stakeholders to develop a multi-year lineup of content. Production of its first feature-length film is slated to begin this year. 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
Qatar Tribune
05-05-2025
- Business
- Qatar Tribune
QCB chief meets with executives from several global firms
Qatar Central Bank Governor and Qatar Investment Authority Chairman Sheikh Bandar bin Mohammed bin Saoud Al Thani held meetings with Peter Chernin, co-founder and partner at The Chernin Group, Steven Mnuchin, founder of Liberty Capital, and Howard Marks, co-chairman of Oaktree Capital Management. These meetings took place on the sidelines of the 2025 Milken Institute Global Conference held in Los Angeles, USA, from May 4 to 7, 2025. During the meetings, they discussed the latest developments in global finance and investment.
