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Higgsfield AI made the 95-minute film Hell Grind for $500,000 in under three weeks, all synthetic actors and visuals. The startup raised $400 million in August at a $5.4 billion valuation. McKinsey estimates AI could influence 20% of original film and TV content spending by 2030, while a new SAG-AFTRA contract sets AI guardrails for 160,000 actors.
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