VerSe Innovation is on an acquisition spree to strengthen its core businesses, including news and infotainment, short-videos, and ad-tech. The acquisitions will be funded through a combination of cash and stock, co-founder Umang Bedi said.
While gaming entrepreneurs and filmmakers see the text-to-video GenAI model as a powerful tool to aid creators, they are also wary about the regulatory implications of using such technology for commercial purposes