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0.00185482873747998 0.00185482873747998 0.000848373933473446 -0.00111289724248799 0.00111289724248799 0.000865586744157205 0.00210213923581058 0.00469889946828237
Stock impact report

IMAX CEO: AI is for efficiency, not to transform film production [Yahoo! Finance]

Imax Corporation (IMAX) 
Last imax corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: imax.com/content/investor-relations
Company Research Source: Yahoo! Finance
Film buffs should not expect an AI-generated blockbuster to hit the screen anytime soon. "We're not leading a revolution to transform production," IMAX ( IMAX ) CEO Richard Gelfond told Yahoo Finance's Opening Bid. While the tech world obsesses over AI, Gelfond views the nascent technology through a more practical and decidedly unglamorous lens. "The one place we are developing it is where most other people are doing it, which is just back office, like accounting, marketing, [and] distributing," he said. Gelfond's skepticism toward a creative overhaul is a cold shower for AI evangelists, but a relief for purists. He notes that while AI can now "retrieve and develop" digital sunsets more efficiently than traditional special effect houses, the "big controversy" remains the human element. For IMAX, AI is a cost-saving tool for the B-side of the business, not a replacement for the director's chair. This pragmatic approach comes as IMAX navigates a complex recovery in the glob Show less Read more
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