Khosla Ventures, Jeffrey Katzenberg, and others are investing $12 million in a new AI movie app

Entertainment

AI movies designed for your phone are getting the Silicon Valley and Hollywood treatment. TrueShort, which makes AI "verticals" — movies chopped up into one- to three-minute episodes — has gathered a who's who of backers. The startup has raised $12 million in seed funding led by Keith Rabois at Khosla Ventures , Business Insider exclusively learned. Also participating in the round were Jeffrey Katzenberg's WndrCo, A24's Ravi Nandan, Behance founder Scott Belsky, and General Catalyst. The

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