Chipmaker AMD is acquiring World Labs, a two-year-old startup focused on physical AI that was cofounded by industry pioneer Fei-Fei Li. The $8.2 billion, all-stock deal will give AMD important technology in an emerging branch of AI that could power a new generation of autonomous machines such as robots and self-driving cars. The acquisition will
Cuba has selected Carlos Larrazabal’s “Malecón” as its official submission for Best International Feature Film at the 99th Academy Awards, while Movistar Plus has acquired the film’s streaming rights in Spain. The announcements coincide with this year’s San Sebastián Intl. Film Festival, following the film’s festival journey through Mar del Plata, Miami and Havana. “Malecón”
Beta Film, which is heading to Cannes with the world premiere of Swedish royal romance drama “Queen Silvia,” has acquired world distribution rights to Italy’s “The Man from Milan” and, from Ukraine, “Silent Nava.” The two new eight-part crime series will likewise make their market debut at Mipcom. Directed by Simone Spada (“Rocco Schiavone: Ice
Global indie animation powerhouse Miyu Distribution has acquired international rights to Fernanda Salgado’s “Ana, en Passant” ahead of its world premiere at the Brasília Brazilian Film Festival and international premiere at the Vancouver Film Festival (VIFF). It will make history at VIFF as the first animated film to compete in its Vanguard program. The film
Mari, Ari Emanuel‘s new global events and experiences company, has agreed to acquire U.K.-based theater giant ATG Entertainment from Providence Equity Partners. ATG operates a total of 70 venues across the U.K., U.S., Germany and Spain, including 10 on London’s West End and seven on Broadway, with its business also spanning production and ticketing. ATG’s
Latin Quarter Distribution has acquired world sales rights to José Dell’Acqua’s Uruguayan crime thriller “Maltrato Animal” (“Animal Budget”). The deal was closed after a screening of “Maltrato Animal” at Locarno’s First Look, a pix-in-post competition focused on rough-cut screenings of emerging and established talent from a territory around the world, this year Uruguay. Presented in
