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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 ....