AI video generation startup Luma and US production outfit Wonder Project have launched a new production services company, backed by Amazon Web Services, which combines generative AI and traditional filmmaking.
Innovative Dreams is billed as a new filmmaker-led production services company, R&D lab, post-production, and visual effects firm.
The start-up said it is pioneering a new production method, called real-time hybrid filmmaking, which combines performance capture, virtual production, and visual effects, backed by generative AI technologies at each stage of production, from early concepting and pre-visualisation, through production, and into post.
Innovative Dreams has a dedicated R&D lab and virtual production stage at the MBS Media Campus in Manhattan Beach, California. The collaboration with Luma focuses on developing production-grade AI tools, like Luma Agents, designed to elevate actor performance.
AWS cloud and AI infrastructure are intended to help to power R&D and virtual production tools for Innovative Dreams and Luma.
Founded by Wonder Project's Jon Erwin, the company operates as a standalone business within Wonder Project's studio division. Alongside supporting Wonder Project's slate, Innovative Dreams will provide services to third-party studios across a range of genres and budgets.
Its first project, shot on a virtual stage, is The Old Stories: Moses, a three-part companion special from the world of House of David, starring Academy Award winner Ben Kingsley and O-T Fagbenle. Written, directed, and executive produced by Erwin, the project is being produced by Wonder Project in partnership with Amazon MGM Studios. It will debut on Wonder's subscription service on Prime Video in the US in the spring of 2026.
“We are excited to pioneer what we believe is the industry’s first final pixel, gen-AI-enabled, production-ready workflow applied at scale,” said Erwin.
Amit Jain, CEO of Luma, added: “The production landscape is evolving, and filmmakers are looking for more ways to take creative swings. Innovative Dreams is that opportunity."
Samira Panah Bakhtiar, General Manager of Media and Entertainment, Games and Sports, AWS, concluded: “The entertainment industry is at an inflection point, and the most exciting part is that technology is finally catching up to the imagination of filmmakers."
Big Blue Marble recently became a launch partner for the AWS European Sovereign Cloud. Through the partnership, customers can deploy Big Blue Marble’s modular video architecture on AWS while supporting EU sovereignty requirements, including data residency and EU-based operational governance. Discover more here.
Lionsgate takes stake in AI firm Runway
US studio Lionsgate has taken an undisclosed equity stake in generative AI company Runway.
Apple bolsters podcast video features for TV and Macs
Apple has unveiled a series of video features for its Apple Podcasts app on TVs and Macs as part of a swathe of 2027 software updates.
US Department of Justice approves Paramount’s acquisition of Warner Bros. Discovery
The US Department of Justice has approved Paramount Skydance's $111bn (£82.8bn) acquisition of Warner Bros Discovery.
Fox Corp to acquire Roku in $22bn deal
Fox Corp is to buy Roku in a deal that values the connected TV firm at $22bn (£16bn).
UK to ban social media platforms for under-16s
The UK government is introducing a social media ban for under-16s, which is due to come into force in early 2027.
.jpeg)

