Saudi Arabia Leads Effort to Pour $900 Million Into Hollywood AI Firm, Giving Kingdom a Foothold In Future of Entertainment
Luma AI will also have access to giant Saudi data center
The Luma CEO said they were working with multiple studios in Hollywood, but undercover. At that time, the total investment in Luma wasn't anywhere above $100 million. Now imagine what they can do with $900 million and access to some of the world's largest data centers! This could see Luma AI build 1000+ Tilly Norwoods, which is catastrophic for the industry.