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Vimeo Enters into Definitive Agreement to Be Acquired by Bending Spoons for $1.38 Billion
The OG video hosting company is being acquired by Bending Spoons, the same company that bought WeTransfer and quietly changed terms to let them use your content for AI training.
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ByteDance Seedream 4.0 – Super‑fast, 4K, multi image support
https://seed.bytedance.com/en/seedream4_0
➤ Super‑fast, high‑resolution results : resolutions up to 4K, producing a 2K image in less than 1.8 seconds, all while maintining sharpness and realism.
➤ At 4K, cost as low as 0.03 $ per generation.
➤ Natural‑language editing – You can instruct the model to “remove the people in the background,” “add a helmet” or “replace this with that,” and it executes without needing complicated prompts.
➤ Multi‑image input and output – It can combine multiple images, transfer styles and produce storyboards or series with consistent characters and themes.
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OpenAI Backs Critterz, an AI-Made Animated Feature Film
https://www.wsj.com/tech/ai/openai-backs-ai-made-animated-feature-film-389f70b0
Film, called ‘Critterz,’ aims to debut at Cannes Film Festival and will leverage startup’s AI tools and resources.
“Critterz,” about forest creatures who go on an adventure after their village is disrupted by a stranger, is the brainchild of Chad Nelson, a creative specialist at OpenAI. Nelson started sketching out the characters three years ago while trying to make a short film with what was then OpenAI’s new DALL-E image-generation tool.
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AI and the Law: Anthropic to Pay $1.5 Billion to Settle Book Piracy Class Action Lawsuit
https://variety.com/2025/digital/news/anthropic-class-action-settlement-billion-1236509571
The settlement amounts to about $3,000 per book and is believed to be the largest ever recovery in a U.S. copyright case, according to the plaintiffs’ attorneys.
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Sir Peter Jackson’s Wētā FX records $140m loss in two years, amid staff layoffs
https://www.thepost.co.nz/business/360813799/weta-fx-posts-59m-loss-amid-industry-headwinds
Wētā FX, Sir Peter Jackson’s largest business has posted a $59.3 million loss for the year to March 31, an improvement on an $83m loss last year.
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