EXCLUSIVE: L.A.’s Utopai Studios and global tech firm Stock Farm Road are looking for the next KPop Demon Hunters .

The pair are planning a joint venture, Utopai Studios East, which will bring more K-content into the U.S and build connections between Korea and Hollywood, using AI expert Utopai’s tech and Stock Farm Road’s infrastructure and cash reserves.

Financial terms haven’t been revealed but sources close to the company say the investment will be in the “multi-billion dollar” range. We hear the financing is coming from Stock Farm Road’s investment vehicle, global sovereign and institutional investors, and “industry partners” in film and entertainment.

Utopai founder and CEO Cecilia Shen will lead the venture, which brings together her Sunnyvale-based company with Stock Far

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