Disney seals $1 billion deal with OpenAI

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Bob Iger says Disney’s $1 billion deal with OpenAI is an ‘opportunity, not a threat’: ‘We’d rather participate than be disrupted by it’
Disney is investing $1 billion in OpenAI and is giving the go-ahead for its iconic characters like Mickey Mouse to be used in the AI short-form video app Sora. The two companies announced a three-year deal that would bring more than 200 characters to Sora with a period of exclusivity for part of the duration of the deal.

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Disney CEO Bob Iger explains why he just did a blockbuster OpenAI deal
Bob Iger: Disney’s OpenAI Deal “Does Not In Any Way” Threaten Creatives
Billion-dollar OpenAI deal allows users to make content with Disney characters
The Walt Disney Company has reached a licensing agreement with OpenAI that brings Disney characters and images to Sora, the artificial intelligence company's short-form-video generator.

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Creative industries 'incredibly worried' about OpenAI-Disney deal
Disney makes ‘dramatic shift’ on AI content with $1 billion OpenAI investment
OpenAI signs deal to bring Disney characters to Sora and ChatGPT
With the deal in place, OpenAI users will be able to prompt ChatGPT to generate images that tap into Disney’s intellectual property, with costumes, props, vehicles and environments covered.

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OpenAI and Disney just ended the ‘war’ between AI and Hollywood with their $1 billion Sora deal—and OpenAI made itself ‘indispensable,’ expert says
Disney bets $1 billion on OpenAI in deal that opens its vault of characters to ChatGPT and Sora
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Disney Invests $1B In Major Deal With OpenAI And Licenses Its Characters To Advance Human-Centered AI And Storytelling

The post Disney Invests $1B In Major Deal With OpenAI And Licenses Its Characters To Advance Human-Centered AI And Storytelling appeared first on AfroTech. The post Disney Invests $1B In Major Deal With OpenAI And Licenses Its Characters To Advance Human-Centered AI And Storytelling appeared first on AfroTech.

Why Disney Is Betting $1 Billion on OpenAI as Tech Wars Escalate | Analysis

Disney’s deal gives it an ally against common rival Google, even as it opens the company up to the risks that come from Sora.

Disney announces major OpenAI deal, includes $1B equity investment, use of characters on Sora video platform

Disney licensed 200 iconic characters from Marvel, Pixar and Star Wars to OpenAI for its Sora video program in a groundbreaking three-year partnership.
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Disney’s Bob Iger Warns Netflix Could Squeeze Consumers if it Snatches Up Warner Bros.

Disney CEO Bob Iger may not be directly in the Paramount versus Netflix cage match for Discovery, but he sure isn’t sitting quietly in the cheap seats either. As the streaming arms race escalates again,
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