Amazon's Alexa Fund is investing in Fable Studio, which is launching its new streaming platform, Showrunner. This platform utilizes generative AI to allow users to create animated shows, building on Fable's viral AI-generated South Park clip. CEO Edward Saatchi stated the company is pursuing IP licensing deals with major studios like Disney. While Showrunner is currently free, it plans to implement a monthly fee of $10 to $20 for additional content creation credits.