With the dramatic advance in artificial intelligence, the use of an AI anchor in the news industry is a subject of great interest. An AI anchor is a computer-generated news anchor that mimics the human voice, appearance, and facial expressions to present the news. As the focus of this study is to investigate how the news media utilize an AI anchor in the news program, the research questions are as follows: (1) What are the differences in news topics between AI and human anchors? (2) How does the viewership differ based on these topic choices, with a focus on the emotional impact?

The purpose of this research is to examine the impact of firms’ repeated use of crowdfunding on consumer responses and the funding success, focusing on compensatory crowdfunding that provides products and services when funding is successful. The result indicates that the number of crowdfunding round and achievement rates are related to parabolic forms. These results suggest that investors can recognize the number of crowdfunding round as a important signal for crowdfunding investment. In addition, this research aims to present practical implications for crowdfunding firms and platforms to attract ongoing investments.