Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) have held talks with major Hollywood studios on licensing content for use in AI video generation software, Bloomberg reported ...

Alphabet, Meta and OpenAI declined to comment on the talks. Hollywood studios are keen to discuss ways to use AI to reduce costs while also protecting themselves from having their work stolen.

Social media giant Meta Platforms posted better-than-expected ... is not compliant with the EU’s Digital Markets Act. After talks with the commission, “we expect we will need to make some ...