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Tech & Business Report: Submissions up 10% for Runway AI's 2nd film festival

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Time now for our daily Tech and Business Report. Today, we're joined by Bloomberg's Rachel Metz.

A startup that makes AI video editing tools held its second annual Film Festival in Los Angeles this week. Runway AI's co-founder says last year they received 300 video submissions for the festival, while this year they received 3,000.

You can hear our tech and business report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.

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