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➤ Silver Lake studio Asteria is leaning into generative AI for animation and effects, betting it can cut costs and draw production jobs back to Los Angeles, where more than 40,000 production jobs have left since 2022, even as many in Hollywood fear the tools will displace writers and actors. (More)
➤ Digital Brands Group, an apparel and e-commerce firm, is moving its headquarters from Vernon, near Los Angeles, to Round Rock, Texas, where it is leasing 70,000 square feet. CEO Hil Davis cited California’s costs and litigation, saying doing business in the state “sucks.” (More)
➤ Uber Eats and Bay Area drone company Zipline are teaming up to launch autonomous food deliveries in the U.S. later this year, though the first cities have not been named. Zipline says its drones can deliver in about 5 to 10 minutes, and the companies are targeting 1 million drone deliveries a day by the end of 2029. (More)
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