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Hollywood-oriented AI is getting a major boost from the Saudi government, which is expected to announce Wednesday that it will anchor a $900 million funding round for Luma AI, the San Francisco ...

Instagram has completed the acquisition of video editing service Luma. The Facebook-owned firm purchased the app for an undisclosed fee in a move that will likely see its features integrated into ...

Instagram has acquired Luma, the maker of an app for recording and sharing videos, as it moves to better secure its recent entry into the wonderful world of moving pictures, TechCrunch reports. Luma ...