Disney Invests 1 Billion USD in OpenAI and Opens Sora for Marvel, Pixar & Star Wars
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Disney advances its AI agenda with an unusually far-reaching move: The company plans to invest 1 billion USD in equity in OpenAI and simultaneously enters into a three-year licensing partnership , which grants OpenAI's video generator Sora access to selected Disney brand worlds. The news was well-received on the stock market: DIS shares gained nearly 3% in yesterday's trading. What the Deal Means Operationally The core of the agreement is that Sora is allowed to create AI videos using Disney's intellectual property – according to reports,...
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