AiDisneyUpdated 2 days ago

Disney Partners with OpenAI in Exclusive $1 Billion Deal

The Walt Disney Company has entered a one-year exclusive partnership with OpenAI, allowing the use of its iconic characters on OpenAI's Sora video-making platform. The deal, structured entirely in OpenAI stock, includes a $1 billion investment from Disney and positions the company in the ongoing rivalry between OpenAI and Google, marking a significant shift in Disney's approach to AI technology.

AiDisney

Updated 2 days ago

Disney Partners with OpenAI in Exclusive $1 Billion Deal

Related Articles (4)

TechCrunch2 days ago

Disney’s OpenAI deal is exclusive for just one year — then it’s open season

NeutralArtificial Intelligence

The Walt Disney Company has entered into a one-year exclusive partnership with OpenAI, allowing the use of its iconic characters, including Mickey Mouse and Cinderella, on OpenAI's Sora video-making platform. This deal also includes a significant $1 billion investment in OpenAI, marking a pivotal moment in the integration of AI technology with established entertainment brands.

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via TechCrunch

Techmeme2 days ago

Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake (Bloomberg)

NeutralArtificial Intelligence

Disney has entered into a significant licensing agreement with OpenAI, allowing the use of its iconic characters, such as Mickey Mouse and Cinderella, on OpenAI's Sora video-making platform. This deal is entirely structured in OpenAI stock rather than a cash licensing fee, with Disney also having the option to purchase additional stock beyond the initial $1 billion stake.

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via Techmeme

Bloomberg Technology2 days ago

OpenAI Deal to License Disney Characters Is Entirely in Stock

PositiveArtificial Intelligence

OpenAI has secured a licensing agreement with The Walt Disney Company, allowing the use of iconic characters such as Mickey Mouse and Cinderella on its Sora video-making platform, without an upfront payment. This partnership also includes a substantial $1 billion investment from Disney into OpenAI.

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via Bloomberg Technology

Bloomberg Technology2 days ago

Disney Picks a Side in the OpenAI-Google Rivalry

NeutralArtificial Intelligence

Disney has taken a definitive stance in the ongoing rivalry between OpenAI and Google by entering a partnership with OpenAI, investing $1 billion to license over 200 of its iconic characters for use in the Sora video-making platform. This collaboration aims to integrate AI-generated content into fan interactions, marking a significant shift in Disney's approach to artificial intelligence.

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via Bloomberg Technology