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Stockreport

Exclusive-Amazon plans to use AI to speed up TV and film production [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
for making movies and TV shows even as Hollywood fears that AI will cut jobs and permanently reshape the ?industry. At the Amazon MGM Studio, veteran entertainment executive Albert Cheng is leading a team charged with developing new AI tools that he ?said will cut costs and streamline the creative process. Amazon plans to launch a closed beta program in March, inviting industry partners to test its AI tools. The company expects to ?have results to share by May. Cheng described AI Studio as a "startup" operating under Amazon founder Jeff Bezos's "two pizza team" philosophy — keeping the group small enough to be fed by two pizzas. The team consists primarily of product engineers and scientists, with a smaller creative and business contingent. Amazon is publicly embracing AI in response to spiraling production budgets that limit the number of shows and films companies can finance. The technology will fast-track certain processes to make more ?movies and TV shows more efficiently. [Read more]
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Stockreport

Exclusive-Amazon plans to use AI to speed up TV and film production [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
for making movies and TV shows even as Hollywood fears that AI will cut jobs and permanently reshape the ?industry. At the Amazon MGM Studio, veteran entertainment executive Albert Cheng is leading a team charged with developing new AI tools that he ?said will cut costs and streamline the creative process. Amazon plans to launch a closed beta program in March, inviting industry partners to test its AI tools. The company expects to ?have results to share by May. Cheng described AI Studio as a "startup" operating under Amazon founder Jeff Bezos's "two pizza team" philosophy — keeping the group small enough to be fed by two pizzas. The team consists primarily of product engineers and scientists, with a smaller creative and business contingent. Amazon is publicly embracing AI in response to spiraling production budgets that limit the number of shows and films companies can finance. The technology will fast-track certain processes to make more ?movies and TV shows more efficiently. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS