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Jared Leto is one of the investors in a new AI startup called Captions.
The company raised $60 million in new investments, putting its valuation at $500 million .
Generative AI has been a hot-button topic in Hollywood over the past year .
This is the second AI startup Leto has invested in this year .
"I think AI has no place in Hollywood at all. To me, tech should solve problems that humans have," Batemen told Fox News Digital . "Using ChatGPT or any software that's using AI to write screenplays, using that in place of a writer is not solving a problem. We don't have a lack of writers. We don't have a lack of actors. We don't have a lack of directors. We don't have a lack of talented people." Fox News Digital's Caroline Thayer and Larry Fink contributed to this report..
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