Controversial AI Platform Twinnin Launches First Funding Round & Targets Upwards Of $3M
Twinnin, an AI platform that clones actors' faces for use in film, television, and advertising, has launched its first seed funding round. The company is targeting at least $3 million in funding, which would give it a post-money valuation of $25 million. Twinnin has also announced that it has signed up 2,000 actors—referred to as 'twins'—to have their likenesses digitally replicated for productions.
The platform allows producers to license an actor's digital twin for specific projects, potentially reducing the need for the actor to be physically present on set. The $3 million target represents the minimum for the seed round, and the $25 million valuation reflects investor interest in the technology. The company did not disclose the specific terms offered to the twins or the pricing model for licensing the digital doubles.
Twinnin's launch comes amid growing debate over the use of AI in entertainment, including concerns about consent and compensation for performers. The platform's model is seen as a potential cost-saving tool for studios, but it also raises questions about the future of on-set work for actors. The company has not yet commented on how it will address these industry concerns.