Supporters of a federal film incentive are preparing an all-out push to pass the legislation by the end of the year, looking to take advantage of momentum before Congress potentially changes hands next term. A bipartisan group of senators and representatives unveiled the bill on Thursday. It would provide a 20%-30% federal incentive for films
With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel exports. “I’ve said let’s not send out the diesel. We make a lot of diesel. I’ve called for it,” Trump said late Tuesday at the U.N.
One of the hottest topics at this year’s Creative Investors’ Conference at the San Sebastián Film Festival is the likelihood and the effects of a U.S. federal tax credit for film production. Speaking at a panel titled “Europe’s Current Challenges and Opportunities,” Lorenzo de Maio of De Maio Entertainment said he doesn’t believe the measure
Hello and welcome to Eye on AI. In this edition: Anthropic and OpenAI both release new, cheaper AI models. U.S. President Donald Trump creates an “AI Force.” China and the U.S. agree to discuss an AI incident hotline. Microsoft executive called OpenAI training on publishers’ copyrighted works “the largest theft of labor in history.” AI
China’s Alibaba unveiled new artificial intelligence chip technologies and plans for more powerful models on Tuesday, including what it said was China’s most powerful AI chip, days ahead of a meeting between Chinese and U.S. leaders at which competition to lead on AI technology is expected to be a major theme. Alibaba’s announcement came as
There was some much overdue optimism on the first day of the Creative Investors’ Conference in San Sebastian on Tuesday, as execs from an established U.S indie distributor and new market entrant both celebrated the record breaking figures from the summer box office. “I think it’s a recovery and I think it’s a phenomenal result,”
