According to PixVerse, the company has announced a partnership with Chroma Awards, a global competition focused on AI-generated film, music video, and game content. The event offers over $175,000 in prizes, providing significant incentives for creators to leverage PixVerse's AI tools to develop innovative works. This collaboration not only highlights the growing role of AI in creative industries but also opens up new business opportunities for AI developers and digital artists seeking visibility and commercial success in emerging AI entertainment markets (source: @PixVerse_ on Twitter).

According to @elevenlabsio, ElevenLabs has introduced the ChromaAwards, positioning it as the 'Olympics' for AI-driven film, music, and gaming. This global competition highlights how creative AI tools are transforming storytelling, reducing barriers to entry, and enabling diverse creators to participate in content creation. The ChromaAwards aims to accelerate adoption of generative AI in media production, opening up new business opportunities for startups and established companies looking to leverage AI for scalable, innovative content. (Source: @elevenlabsio, August 11, 2025)