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The Walt Disney Company’s $1 billion equity investment in OpenAI will serve as “a way in” to artificial intelligence, which will have a significant long-term impact on Disney’s business, Disney
The Walt Disney Company 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 Sora.
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Walt Disney Co. is investing $1 billion in OpenAI under a new commercial partnership with the ChatGPT and Sora developer.
The three-year licensing agreement that will allow users of Sora, OpenAI’s artificial intelligence video tool, to create AI videos using more than 200 characters from Disney, Marvel, Pixar and Star Wars, the entertainment giant announced Thursday.
—This is a developing story and will be updated
Edited by
Alain Sherter
The Associated Press
contributed to this report.
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