Promise, the generative artificial intelligence studio that aims to produce original series and movies using AI technology, has added Google’s AI Futures Fund and Crossbeam Venture Partners, the Michael Ovitz-tied VC firm, as investors on Tuesday.
The new investment round also includes Kivu Ventures and Saga Ventures, while Peter Chernin’s The North Road Company, the co-lead investor when Promise launched in Nov. 2024, has “deepened its commitment with additional capital in this…
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https://www.thewrap.com/promise-ai-studio-investors-google-michael-ovitz/
