Summary
Walt Disney plans to invest $1 billion in OpenAI and will start using OpenAI's AI video platform called Sora. Disney will allow the use of over 200 characters from its brands like Marvel and Star Wars on this platform.
Key Facts
- Disney is investing $1 billion in OpenAI.
- Disney will use OpenAI's AI video platform named Sora.
- More than 200 characters from Disney, Marvel, Pixar, and Star Wars will be featured.
- The deal allows social videos to be made from these characters.
- Disney will get warrants, which are rights to buy additional OpenAI shares.
- The agreement does not include the likenesses or voices of human talent.
- This is Disney's first major content licensing partner with OpenAI.
