Disney invests $1 billion in OpenAI, licenses characters for Sora AI video generator
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tiahura
Baker's choice. Dense with flavour, light on filler.
Summary
Disney announces a $1 billion equity investment in OpenAI and a three-year licensing agreement that will allow Sora AI video generator users to create content with over 200 Disney, Marvel, Pixar, and Star Wars characters starting next year. The partnership represents a major move by Disney to embrace AI technology for creative content generation.
Key quotes
· 4 pulledThe Walt Disney Co. on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make videos with its copyrighted characters on its Sora app.
As part of the startup's new three-year licensing agreement with Disney, Sora users will be able make content with more than 200 characters across Disney, Marvel, Pixar and Star Wars starting next year.
OpenAI launched Sora in September, and it allows users to create short videos by simply typing in a prompt.
The rapid advancement of artificial intelligence marks an important moment for our industry
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