Promise Adds Google As Strategic Investor To Develop AI-Assisted Films
The post Promise Adds Google As Strategic Investor To Develop AI-Assisted Films appeared on BitcoinEthereumNews.com. Promise, the generative AI studio launched in late last year by YouTube veterans George Strompolos and Jamie Byrne, and filmmaker Dave Clark, announced a strategic investment from Google’s AI Futures Fund, part of an expanded seed round that also includes Michael Ovtiz’ Crossbeam Venture Partners, Kivu Ventures, Saga Ventures, and notable angels including Emery Wells (Frame.io) and Aaron Levie (Box). Earlier investors The North Road Company, founded by Peter Chernin, and Offline Ventures also participated. From left to right: Promise’s Founders: Chief Creative Officer Dave Clark, CEO George Strompolos, … More and President & COO Jamie Byrne, in Venice, California where the studio originated. PromJeff Lorch The round reflects growing investor confidence in Promise’s vision: building a new kind of studio from the ground up for AI-native storytelling. Promise is currently developing its own IP, including the hybrid GenAI action project NinjaPunk, and building internal infrastructure like MUSE, its proprietary production pipeline. Google’s involvement goes beyond capital. The company has partnered with Promise to collaborate on technical R&D, early model testing, and co-marketing efforts. Through this relationship, Promise is working directly with DeepMind and Google’s AI teams, with early access to tools like Gemini and Veo. “Promise is one of the most forward-thinking studios we’ve encountered,” said Jonathan Silber, Co-Founder of the AI Futures Fund at Google. “Their work with advanced video models is helping to define how generative AI can enhance cinematic storytelling and unlock new creative frontiers.” Strompolos, who built Fullscreen and sold it for $850 million before launching Promise, described the partnership as a natural fit. “Jamie and I speak both languages—tech and talent,” he said. “That’s why we’ve been able to attract not just strategic capital, but true collaborators like Google.” Michael Ovitz, the former CAA founder and an investor via Crossbeam, echoed that sentiment. “The…
The post Promise Adds Google As Strategic Investor To Develop AI-Assisted Films appeared on BitcoinEthereumNews.com.
Promise, the generative AI studio launched in late last year by YouTube veterans George Strompolos and Jamie Byrne, and filmmaker Dave Clark, announced a strategic investment from Google’s AI Futures Fund, part of an expanded seed round that also includes Michael Ovtiz’ Crossbeam Venture Partners, Kivu Ventures, Saga Ventures, and notable angels including Emery Wells (Frame.io) and Aaron Levie (Box). Earlier investors The North Road Company, founded by Peter Chernin, and Offline Ventures also participated. From left to right: Promise’s Founders: Chief Creative Officer Dave Clark, CEO George Strompolos, … More and President & COO Jamie Byrne, in Venice, California where the studio originated. PromJeff Lorch The round reflects growing investor confidence in Promise’s vision: building a new kind of studio from the ground up for AI-native storytelling. Promise is currently developing its own IP, including the hybrid GenAI action project NinjaPunk, and building internal infrastructure like MUSE, its proprietary production pipeline. Google’s involvement goes beyond capital. The company has partnered with Promise to collaborate on technical R&D, early model testing, and co-marketing efforts. Through this relationship, Promise is working directly with DeepMind and Google’s AI teams, with early access to tools like Gemini and Veo. “Promise is one of the most forward-thinking studios we’ve encountered,” said Jonathan Silber, Co-Founder of the AI Futures Fund at Google. “Their work with advanced video models is helping to define how generative AI can enhance cinematic storytelling and unlock new creative frontiers.” Strompolos, who built Fullscreen and sold it for $850 million before launching Promise, described the partnership as a natural fit. “Jamie and I speak both languages—tech and talent,” he said. “That’s why we’ve been able to attract not just strategic capital, but true collaborators like Google.” Michael Ovitz, the former CAA founder and an investor via Crossbeam, echoed that sentiment. “The…
What's Your Reaction?
