Highlights from Fortune Brainstorm AI San Francisco

The deployment of AI agents is gaining momentum, yet significant concerns remain regarding their reliability and the potential for rogue behavior, as highlighted during discussions at Fortune's Brainstorm AI event. Panelists expressed enthusiasm for AI's capabilities while acknowledging the need for trust in these technologies.

Disney has announced a landmark $1 billion licensing deal with OpenAI to integrate its characters into OpenAI's Sora video generation platform, marking a significant collaboration in the entertainment and AI sectors. This agreement is seen as a strategic move to embrace generative AI rather than resist it, positioning Disney at the forefront of technological innovation in media.

Oracle's stock has experienced its largest decline since January, driven by investor concerns over the company's increasing spending on artificial intelligence infrastructure without a corresponding rise in revenue. The recent quarterly earnings report revealed that Oracle's revenues fell short of expectations, intensifying worries about its financial health.

Crypto startup LI.FI has successfully raised $29 million to develop a cross-blockchain price discovery tool, aiming to enhance the efficiency of transactions across different blockchain networks. This funding round highlights the growing interest in solutions that facilitate interoperability in the crypto space.

A recent survey by Charles Schwab indicates that Americans now believe it takes approximately $2.3 million to feel wealthy, a significant increase compared to previous years. This sentiment reflects a growing perception of wealth and financial security in the current economic climate.

AI agents are increasingly automating administrative tasks traditionally handled by managers, prompting a shift in managerial roles towards coaching and strategic oversight. However, many organizations are lagging in adapting to these changes.

CoreWeave CEO Michael Intrator stated at the Fortune Brainstorm AI conference in San Francisco that the company's recent IPO was an 'incredibly successful' venture, despite fluctuations in stock performance and challenges related to tariff timing on Liberation Day. Intrator defended the company's strategy, which is heavily reliant on debt, asserting that Wall Street is still adapting to CoreWeave's innovative cloud model.

Arm CEO Rene Haas announced that reprogrammable humanoid robots are set to automate significant portions of factory work within the next decade, potentially leveling the global manufacturing landscape. This statement was made during the Fortune Brainstorm AI event, highlighting the transformative potential of AI in industrial settings.