ByteDance's Seedance 2.0 Hits Cannes, AI Film Costs Drop to 1% of Traditional

Struggling with high film production costs? ByteDance's Volcengine brought good news at the Cannes Film Festival in France: its AI video model Seedance 2.0 is already in use by top global companies.

Top VFX firm OutpostVFX, ad giant WPP, and European AI platform Magnific have all adopted Seedance 2.0. Even more impressive: the world's first 95-minute AI feature film 'HELLGRIND' was made with it by a 15-person team in just 14 days, costing under $500,000—only 1% of a traditional movie.

Famous director Luc Besson's studio SEEN also announced it will use Seedance 2.0 for his first AI animated film 'THE FURIOUS FIVE'. Want to try filmmaking on a budget? Keep an eye on AI tools like this—your next blockbuster might cost way less.