What is Disney's deal with OpenAI?
Asked 3 hours ago
Answer
Disney and OpenAI have entered a three-year, $1 billion licensing agreement allowing users of OpenAI's Sora video tool and ChatGPT to create AI-generated videos featuring over 200 Disney, Marvel, Pixar, and Star Wars characters. Disney will help set usage guidelines and receive warrants to increase its OpenAI stake. The deal aims to protect Disney's IP while enabling AI innovation, though it has raised concerns among creative unions about compensation.
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Disney's $1 billion agreement with OpenAI
- Disney announces $1 billion investment in OpenAI 21s
- Over 200 Disney characters licensed for Sora user-generated content 27s
- Creative unions express concern over lack of compensation 1m 4s
- Screen Actors Guild president calls AI's impact a 'tsunami' 1m 32s
References
A three-year licensing deal enables users of OpenAI's Sora video tool to create AI videos with 200 characters from Disney, Marvel, Pixar, and Star Wars. Disney will invest $1 billion in OpenAI and help set guidelines for character use.
Disney and OpenAI have agreed to bring over 200 Disney characters to OpenAI's Sora short-form video platform under a three-year licensing agreement. Disney will invest $1 billion in OpenAI and receive warrants that could increase its stake in the company.