$IQ

Chinese streaming giant iQiyi plans for artificial intelligence to generate the majority of its films and shows within the next five years, aiming to reverse a multi-year revenue slump. The company has launched Nadou Pro, an AI toolkit that covers nearly the entire filmmaking workflow, and intends to reward AI creators with an additional 20% share of advertising and membership revenue to encourage adoption. iQiyi also plans to transform its platform into a social-media-style hub for AI-generated content and expects a commercially successful AI-generated film as early as this summer.