Tech Startup Raises $24 Million to Replace Hollywood With AI Slop

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Minas Marios Kontis
Minas Marios Kontis
AI Greece Podcast Host
Tech Startup Raises $24 Million to Replace Hollywood With AI Slop

In case you haven't noticed, generative AI is creeping into our lives at an alarming rate. The perfidious tech and its algorithmically-generated slop is becoming a fact of life as unscrupulous tech companies set it loose into the world, consequences be damned.

Unless you live in a hut, AI video slop is pretty much unavoidable. It's choking the internet with deranged brainrot, kids content, and even bizzaro Trump family engagement bait. The avalanche is so devastating that an international coalition of animator unions recently declared an industry-wide emergency over generative AI.

It's coming for the film production industry, as AI video startup Moments Lab makes clear. The company recently completed a Series B funding round, according to Business Insider, raising about $24 million to develop "AI tools" for film studios. On top of a previous funding round, the company's raised over $37 million to date.

Founded in France — the birthplace of film, as if the software itself wasn't disparaging enough — the company's "core tool," MXT-2, is marketed as something of an AI film librarian. Basically, it scrapes human-made footage and sorts it based on featured subject, actor, and location, according to the company's website.

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Minas Marios Kontis

Minas Marios Kontis

Forbes 30 Under 30 entrepreneur and host of AI Greece Podcast. Founder & CEO of Univation, empowering 35,000+ students across 40+ universities with AI-driven education. Started coding at 12 with a 100k+ download transportation app.

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