Disney seals $1 billion deal with OpenAI
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Google responded to Disney's cease-and-desist letter by taking down dozens of AI-generated videos featuring their characters.
Disney is taking a $1 billion equity stake in OpenAI, while also striking a deal that would allow its famous characters be used on Sora, the AI company’s video generation platform.
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Disney set to invest $1 billion in OpenAI
Disney struck a $1 billion deal with OpenAI to license characters like Mickey Mouse and Iron Man for AI video content through the Sora platform.
Disney’s $1B OpenAI pact brings licensed characters to Disney+ as the company simultaneously accuses Google’s AI of copyright infringement.
Disney invests $1 billion in OpenAI and licenses more than 200 characters — including Mickey Mouse and Moana — to Sora’s AI video platform. The three-year deal enables Sora to generate short videos featuring Disney, Marvel, Pixar and Star Wars characters.
"We'd rather participate in the rather dramatic growth, rather than just watching it happen and essentially being disrupted by it," Iger told CNBC.