Utopai Studios has boarded as a headline partner of the first MIP AI Entertainment Forum, taking place at MIPCOM Cannes this October, with Cecilia Shen, cofounder and CEO, set to deliver a keynote on the opening Monday.

Basketball Hall of Famer Carmelo Anthony has become an investor in Utopai Studios, with his production company, Creative 7, cofounded with Asani Swann, set to develop original sports and entertainment IP using PAI, Utopai Studios’ proprietary cinematic storytelling AI tool.

Utopai Studios' AI-powered storytelling tool, PAI, will be used by China's Huace Film & TV to drive its long-form content creation efforts.