Financial MarketsOpenAIUpdated 2 days ago

Disney Invests $1 Billion in OpenAI to Integrate Iconic Characters into Sora

Disney has made a landmark $1 billion investment in OpenAI, allowing the integration of over 200 of its iconic characters into the Sora video generation tool. This deal marks a significant shift in Disney's approach to artificial intelligence, positioning the company at the forefront of technological innovation in entertainment and resolving tensions between AI and Hollywood. The collaboration aims to enhance user-generated content and embrace generative AI as an opportunity rather than a threat.

Financial MarketsOpenAI

Updated 2 days ago

Disney Invests $1 Billion in OpenAI to Integrate Iconic Characters into Sora

Related Articles (10)

Financial Times2 days ago

Will OpenAI’s $1bn deal with Disney boost video app Sora?

NegativeFinancial Markets

OpenAI has secured a $1 billion investment from Disney, allowing the integration of Disney's characters into its Sora video generation tool. Despite hosting bootleg content from Disney, Sora has struggled to attract a dedicated user base, raising questions about its viability in a competitive market.

Read full article

via Financial Times

BBC News2 days ago

Creative industries 'incredibly worried' about OpenAI-Disney deal

NegativeFinancial Markets

Disney has announced a $1 billion investment in OpenAI, allowing the integration of over 200 of its characters into the Sora video generation tool. This deal enables fans to create videos and images featuring iconic figures from Disney's extensive portfolio, including Marvel and Pixar characters.

Read full article

via BBC News

The Wall Street Journal3 days ago

Behind the Deal That Took Disney From AI Skeptic to OpenAI Investor

PositiveFinancial Markets

Disney has announced a landmark $1 billion investment in OpenAI, allowing the integration of its characters into OpenAI's Sora video generation tool. This deal enables users to create AI-generated videos featuring iconic characters from Disney, Marvel, and Star Wars, marking a significant shift in Disney's approach to artificial intelligence.

Read full article

via The Wall Street Journal

The Wall Street Journal3 days ago

Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora

PositiveFinancial Markets

Disney has announced a landmark $1 billion investment in OpenAI, which includes licensing its characters for use in the Sora video generation platform. This three-year deal allows users to create videos featuring iconic characters from Disney, Marvel, Star Wars, and Pixar, marking a significant collaboration between the entertainment and AI sectors.

Read full article

via The Wall Street Journal

Fortune3 days ago

‘We’re not just going to want to be fed AI slop for 16 hours a day’: Analyst sees Disney/OpenAI deal as a dividing line in entertainment history

NeutralFinancial Markets

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.

Read full article

via Fortune

The New York Times3 days ago

Disney Agrees to Bring Its Characters to OpenAI’s Sora Videos

PositiveFinancial Markets

Disney has entered a significant agreement to license its characters for use in OpenAI's Sora videos, marking a pivotal moment for Hollywood as it navigates the implications of generative artificial intelligence. This deal positions Disney as the first major studio to collaborate with an AI platform in this manner.

Read full article

via The New York Times

Fortune3 days ago

OpenAI and Disney just ended the ‘war’ between AI and Hollywood with their $1 billion Sora deal—and OpenAI made itself ‘indispensable,’ expert says

PositiveFinancial Markets

OpenAI and Disney have finalized a $1 billion licensing deal that allows Disney to integrate its characters into OpenAI's Sora video generation platform, marking a significant collaboration between artificial intelligence and the entertainment industry. This agreement is seen as a resolution to the ongoing tensions between AI technologies and Hollywood's traditional practices.

Read full article

via Fortune

Fortune3 days ago

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’

PositiveFinancial Markets

Disney has announced a $1 billion licensing deal with OpenAI to bring over 200 of its characters to the Sora video generation platform. This three-year agreement is seen as a strategic move to embrace generative artificial intelligence rather than viewing it as a threat to the traditional entertainment model.

Read full article

via Fortune

Sky News3 days ago

Disney characters coming to AI in $1bn deal

PositiveFinancial Markets

OpenAI has entered into a significant licensing agreement with Disney to bring its iconic characters to life through the Sora video generation tool, marking a $1 billion deal that highlights the growing intersection of entertainment and artificial intelligence.

Read full article

via Sky News

The Guardian3 days ago

Disney to invest $1bn in OpenAI, allowing characters in Sora video tool

PositiveFinancial Markets

Walt Disney has announced a $1 billion equity investment in OpenAI, which will allow the AI startup's Sora video generation tool to utilize characters from its extensive portfolio, including Disney, Marvel, Pixar, and Star Wars. This agreement is part of a three-year licensing deal aimed at enhancing user-generated content through AI technology.

Read full article

via The Guardian