03:29 PM EDT, 05/05/2025 (MT Newswires) -- (Updates with company comment in the fourth paragraph.)

Alphabet's (GOOG, GOOGL) Google ( GOOG ) has partnered with Range Media Partners to launch a film and TV production initiative called 100 Zeros, Business Insider reported Monday.

The multiyear initiative aims to encourage the creative community and young people to use Google's ( GOOG ) tech products and services, including artificial intelligence and 3D tools, according to the report.

100 Zeros will identify and prioritize projects that Google ( GOOG ) can finance or produce, the report said.

Google ( GOOG ) said in an email response to MT Newswires that 100 Zeros is not a new studio, but an initiative from its "Platforms & Devices" team. The company spokesperson added that the initiative aims to "assist the creative community in integrating cutting-edge technologies and platforms, like XR and AI, into their filmmaking."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 166.70, Change: +0.88, Percent Change: +0.53