Jeffrey Katzenberg and Bill Peebles Launch AI Video Startup
Jeffrey Katzenberg, co-founder of DreamWorks and Quibi, is collaborating with Bill Peebles to launch a new artificial intelligence video startup. According to The Information, the venture aims to train its own video models in an effort to attract filmmakers once sufficient funding is secured. Bill Peebles previously led OpenAI’s Sora team before departing as the company shifted focus away from that project. Katzenberg brings extensive experience in entertainment and digital media through his prior ventures like Quibi, a short-form mobile streaming service. The startup plans to learn from past missteps of similar projects by implementing better strategies this time around.
Topics: AI entertainment industry video startup