Google is investing $75 million in A24 as part of an AI filmmaking partnership

Alphabet's Google is taking a stake in the independent studio for the first time, with DeepMind aiming to build new production tools

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Google $GOOGL is putting around $75 million into independent film studio A24 as part of a new AI research partnership between the two companies, according to The Wall Street Journal. The deal marks the first time Alphabet's Google has taken a stake in a studio.

Google's DeepMind unit and A24 plan to develop new tools for movie production and distribution under a multiyear, nonexclusive agreement. A24's film and television library, along with the rest of its content data, will remain off-limits to Google under the terms of the agreement.

The last time A24 brought in........

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