AI firm plans to reconstruct 'lost' footage from Orson Welles' 'The Magnificent Ambersons'

Showrunner, a technology platform that dubs itself the “Netflix of AI,” plans to use artificial intelligence to reconstruct 43 minutes of excised footage from Orson Welles’ “The Magnificent Ambersons,” a sweeping family drama that was famously butchered by studio executives. Edward Saatchi, CEO of the Amazon-backed firm Showrunner, confirmed the plans in an interview with CNBC on Friday morning. Saatchi described “The Magnificent Ambersons” as a “ruined masterpiece,” adding that “using AI to reconstruct it” is a way to bring the film “back to life.”