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Disney seals $1 billion deal with OpenAI

Disney’s OpenAI deal is a $1 billion hedge on the future of slop

To be clear: Disney is not handing the keys to its IP over to OpenAI indefinitely. In an interview with CNBC ’s “Squawk on the Street” Thursday, Disney CEO Bob Iger clarified that the three-year licensing deal comes with only about a year of exclusivity for OpenAI. After that, Disney can shop its IP to other AI companies.

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Disney's $1 billion deal with OpenAI will bring Disney characters to Sora

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Disney invests $1 billion in OpenAI, licenses 200 characters for AI video app Sora

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Creative industries 'incredibly worried' about OpenAI-Disney deal

Disney has agreed to invest $1bn (£740m) in OpenAI as part of a deal which will let people use many of its iconic characters in the chatbot ChatGPT and video-generation tool Sora.

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Disney makes ‘dramatic shift’ on AI content with $1 billion OpenAI investment

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Disney to invest $1 billion in OpenAI, license characters for Sora video tool

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Disney Invests $1 Billion in OpenAI Fantasia

Disney, which invested $1.5 billion in equity in Epic Games to bring its characters to Fortnite, previously sued Midjourney, an AI image generator, calling it a “bottomless pit of plagiarism,” according to THR. Universal, Warner Bros., and Discovery joined Disney in the suit.

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After striking OpenAI deal, Disney demands Google cease and desist from AI infringement

The threat of legal action from Disney against Google comes as the company announces a partnership with OpenAI.

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Disney CEO Bob Iger explains why he just did a blockbuster OpenAI deal

Disney CEO Bob Iger said the company's licensing deal with OpenAI will let it capitalize on a fast-growing technology and engage younger audiences.