Disney is taking a $1 billion equity stake in OpenAI, while also striking a deal that would allow its famous characters be used on Sora, the AI company’s video generation platform. Disney’s investment ...
It’s a whole new world for Disney and artificial intelligence now that the company has signed a major deal with OpenAI. In an unprecedented move, the Walt Disney Company will invest a whopping $1 ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. On the surface of it, Disney’s plan to invest $1 billion in OpenAI while ...
Disney has spent the better part of a century building one of the strongest and most defensible brands in the world. Their characters are carefully managed intellectual property assets that generate ...
Remember earlier this year when a bunch of Disney characters and civil rights activists were being puppeteered on social media by generative AI prompts? Disney sent a cease-and-desist to Character.ai, ...
Despite its impressive special effects, Indiana Jones and the Dial of Destiny is unlikely to make a profit for Disney ©2022 Lucasfilm Ltd. & TM. All Rights Reserved ...
We know where the Walt Disney Co. stands in the AI wars. In a Thursday morning double whammy, Disney unveiled a $1 billion investment in OpenAI, which includes bringing its vast trove of characters ...
Disney and OpenAI struck a licensing agreement that gives ChatGPT and Sora access to Disney's characters and IP. Disney is also investing $1 billion in the AI company and becoming a "major customer." ...
Entertainment conglomerate Disney has announced plans to invest $1.5 billion for an “equity stake” in gaming conglomerate Epic Games. The financial partnership will also see both companies ...