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The British Film Institute (BFI) recently released a重磅 report indicating that generative AI is quietly reshaping the UK's film, television, and gaming industries. The technology has been widely used backstage to enhance production efficiency and spur new creative approaches and business models. The report shows that generative AI has been utilized to accelerate scriptwriting, character modeling, visual effects creation, and more, significantly saving time and costs. Some works have even employed AI assistance for pre-production conceptualization and editing decisions, empowering creativity while allowing small and medium-sized production companies to benefit.

The special mother fund for the AI industry in Jiangsu Suzhou (Limited Partnership) has officially completed industrial registration. This move marks an important step in Suzhou's capital layout in the field of artificial intelligence. The fund, established by the Joint Venture of Jiangsu Strategic Emerging Industries Mother Fund Co., Ltd. with multiple institutions, has a total scale of up to 6 billion yuan. Its main investment directions include key areas such as computing infrastructure construction, data, talent, and electricity, with a particular focus on the integration of "Artificial Intelligence + Manufacturing" and promoting applications in finance, education, healthcare, elderly care, tourism, and culture.

In today's film industry, constantly exploring new technologies, the world's first government-approved AI-generated feature film, "Queen of the Seas: Zheng Yi Sao", officially premiered in Singapore on April 24th. This 70-minute film breaks the boundaries of traditional filmmaking, showcasing the limitless potential of artificial intelligence in film creation through its complete storytelling and diverse characters. "Queen of the Seas: Zheng Yi Sao" is based on the historical legendary female pirate Zheng Yi Sao, who once commanded approximately 1800 ships and led 100,000 pirates. Led by the creative team FizzDragon, the film...

FizzDragon, a Singaporean film production company, recently released the 70-minute Mandarin AIGC (AI-generated content) film 'Zheng Yi Sao, Queen of the Seas' in Singaporean cinemas. This marks the global premiere of an AI-generated feature film in commercial theaters. The film is based on the life of Zheng Yi Sao, a legendary 18th-century Chinese pirate queen, whose story reportedly inspired the character of 'Tia Dalma' in the Pirates of the Caribbean series.

According to investment industry sources, on April 21, 01VC announced the first close of its new RMB 500 million fund, receiving strong support from state-owned assets, market-oriented mother funds, and listed companies across multiple regions. This is the first RMB fund raised by the middle-generation managing partners of 01VC, continuing its focus on smart manufacturing and cross-border expansion. Investment rounds will be between Angel and Series B, with single investments ranging from RMB 5 million to RMB 50 million. The new fund will continue to follow 01VC's strategy of early-stage and small-scale investment, and provide post-investment empowerment and...

The Beijing Artificial Intelligence Industry Investment Fund recently announced an additional investment of 200 million RMB in Beijing Zhipu AI Technology Co., Ltd. (Zhipu). According to the fund, Zhipu is the first AI large language model company invested in since the fund's establishment and is one of the fastest-growing companies in the field. Zhipu has accumulated deep expertise in model development across text, reasoning, speech, image, video, and code, and boasts a robust commercialization strategy, having established a developer community and enterprise user base exceeding one million. This investment aims to further support Zhipu's growth and development.

China recently announced a 60 billion RMB (approximately $82 billion USD) national fund dedicated to investing in early-stage artificial intelligence (AI) projects. This move demonstrates Beijing's commitment to fostering the AI industry and aims to further elevate China's position in the global technology competition through government-led investment. According to Zhang Jianhua, an official from the Ministry of Industry and Information Technology, speaking at a conference in Shenzhen, the "National AI Investment Fund" was established in January this year under the joint guidance of industrial and financial departments. The fund's...

Andreessen Horowitz (a16z) is reportedly planning to raise a massive $20 billion fund, significantly bolstering its already substantial investments in the artificial intelligence sector.

Beijing Shengshu Technology Co., Ltd. announced that its AI video generation platform, Vidu, has secured the rights to adapt seven hit online novel IPs into concept shorts. Vidu will leverage AI technology to empower China's animation and short-form drama market, driving the adaptation of online literature into film and television into a new phase of development.

Artificial intelligence is disrupting the content creation industry at an unprecedented rate. Once the exclusive domain of resource-rich film studios, production houses, and media giants, high-quality content production is being democratized. Recently, AI-powered video editing platform OpusClip secured $20 million in funding from SoftBank Vision Fund 2, boosting its valuation to $215 million. This significant investment clearly signals a rewriting of the rules for digital content creation and distribution. As an AI video editing platform, OpusClip...

Shenzhen's State-owned Assets Supervision and Administration Commission (SASAC) announced plans to establish a 500 billion yuan ($69.4 billion USD) state-owned fund to focus on cutting-edge technologies, including artificial intelligence and robotics. The fund aims to support technology companies at all stages of development, from seed and angel rounds to Series A, B, C, and even IPO. This initiative is part of a broader strategy to build a comprehensive technological innovation fund network, encompassing a '20+8' full industrial chain, aligning with the city's government policies. Image caption omitted.