Khosla Ventures, Jeffrey Katzenberg, and others are investing $12 million in a new AI movie app

Source: Business Insider

Nate Tepper, the CEO of TrueShort, sees a space between TikTok and Netflix for high-quality AI films for phones. Nate TepperA new AI movie app has raised $12 million from a who's who of Silicon Valley and Hollywood. TrueShort is backed by Khosla Ventures, Jeffrey Katzenberg's WndrCo, and others.