Generative AI Video Production Start-up FancyTech Wins 2024 LVMH Innovation Award The generative capabilities of AI and its role within the creative value chain were the hottest topics at the technology showcase. By LILY TEMPLETON, JOELLE DIDERICH Plus Icon...
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Generative AI Video Production Start-up FancyTech Wins 2024 LVMH Innovation Award The generative capabilities of AI and its role within the creative value chain were the hottest topics at the technology showcase. By LILY TEMPLETON, JOELLE DIDERICH Plus Icon MAY 23, 2024, 3:57AM LVMH Innovation Award winner FancyTech’s cofounder Morgan Mao and Bernard Arnault with the other awardees during the 2024 VivaTech show. PARIS – A day after French president Emmanuel Macron announced 400 million euros of public investments in research and training on artificial intelligence, all eyes were on VivaTech. Generative AI was the winning technology on the main stage, where LVMH Moët Hennessy Louis Vuitton chair and chief executive officer Bernard Arnault presented the LVMH Innovation Award Grand Prize. It went this year to China-based FancyTech, which specializes in 3D modeling and generative AI content production, particularly for video.
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