Business • Jun 12, 2025

Tech startup secures $24 million to automate Hollywood

Moments Lab, a French AI video startup, just raised $24 million (bringing its total to $37 million+). Their tech sorts video footage by people, places, and topics, making it way easier to find what you need. The company's next move? Building an AI tool that edits videos on its own using simple text prompts.

TL;DR

AI might replace human editors

With this new funding, Moments Lab is aiming to change how films get made. Instead of doing hands-on editing, humans might soon guide AI as it handles the heavy lifting. Co-founder Philippe Petitpont says this could open up fresh ways for people in the industry to earn—but there are also questions about what this means for traditional jobs behind the scenes.