Disney Invests $1 Billion in OpenAI: A Strategic Licensing Partnership


Walt Disney Co. agreed to take a position $1 billion in OpenAI and license iconic characters like Mickey Mouse and Cinderella to Sora, OpenAI’s short-form, synthetic intelligence video platform.

Disney will become a major customer of OpenAI, using its tools to build new products and experiences and deploying ChatGPT for its employees. (AFP)
Disney will change into a significant buyer of OpenAI, utilizing its instruments to construct new merchandise and experiences and deploying ChatGPT for its workers. (AFP)

As a part of the three-year licensing pact, Sora will have the ability to generate quick, user-prompted social movies that may be seen and shared by followers, drawing from a library of greater than 200 animated and creature characters from Disney, Marvel, Pixar and Star Wars, in response to an announcement from Disney on Thursday. The deal doesn’t cowl any expertise likenesses or voices.

On the similar time, Disney will change into a significant buyer of OpenAI, utilizing its instruments to construct new merchandise and experiences and deploying ChatGPT for its workers.

“The fast development of synthetic intelligence marks an essential second for our business, and thru this collaboration with OpenAI we’ll thoughtfully and responsibly prolong the attain of our storytelling by means of generative AI, whereas respecting and defending creators and their works,” Disney Chief Government Officer Bob Iger mentioned within the assertion.

Hollywood studios have been reluctant to get into enterprise with an AI firm, cautious of the way it may use their information and of angering the labor unions with which they work day by day. However OpenAI has been speaking to the business’s largest studios, together with Disney, Comcast Corp.’s Common Photos and Warner Bros. Discovery Inc., concerning the artistic and business potential of Sora, Bloomberg Information has beforehand reported.

The AI developer unveiled a brand new model of Sora in September as a standalone social app, obtainable by invitation. As with the unique Sora, launched final December, customers can generate quick clips in response to textual content prompts, however the brand new app permits individuals to see movies created by others. Past that, customers can create a realistic-looking AI avatar and voice of themselves, which will be inserted into movies made with the app by the person or their pals, with the avatar proprietor’s permission.



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