Google Invests About $75 Million in A24, Partners to Explore AI Film Production

CoinFeed, June 22 - According to The Wall Street Journal, Google, under parent company Alphabet, will invest approximately $75 million in independent film company A24 and establish a new artificial intelligence research partnership. A24's recent productions include 'Backrooms' and 'Marty Supreme'. This marks Google's first direct equity investment in a film studio, having previously participated in online entertainment primarily through YouTube.