Kartoon Studios Unveils ‘Gadget A.I.’
Kartoon Studios, Inc. (TOON)
Company Research
Source: GlobeNewswire
Integrated AI Toolkit Developed on NVIDIA Omniverse Set to Revolutionize Animation Production and Distribution for The Company The AI Initiative Aims to Save 75% of Current Animation Production Costs While Creating Dramatic Speed-to-Market Efficiencies BEVERLY HILLS, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced the development of a new proprietary generative AI toolkit and workflow, “GADGET A.I.,” designed to enable the development, production, and post-production of new animated content, as well as revitalize and upgrade the quality and distribution reach of thousands of existing catalog episodes and acquisitions. Spearheading this initiative is Todd Steinman, appointed as Chief AI Officer, leveraging his expertise in technology and digital innovation alongside his current role as President of Toon Media Networks. He will be supported by an internal team that has been developing and refining elements of the toolkit
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TOON
News
- Kartoon Studios Continues Execution of Growth Strategy With Profitability Targeted for Q2 2025; Provides Business Update for the First Quarter of 2024GlobeNewswire
- Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee UniverseGlobeNewswire
- Kartoon Studios Inc. Completes First Tranche of Registered Direct Offering of Common Stock and Pre-Funded Warrants for up to $7.0 Million; Closes Initial Purchase of $4.0 Million of Common Stock and Pre-Funded WarrantsGlobeNewswire
- Kartoon Studios prices $7M registered direct offering of common stock [Seeking Alpha]Seeking Alpha
- Kartoon Studios Inc. Announces Pricing of up to $7 Million Registered Direct Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
TOON
Sec Filings
- 5/15/24 - Form 8-K
- 5/15/24 - Form 10-Q
- 5/8/24 - Form 4
- TOON's page on the SEC website