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

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Walt Disney (DIS.N), opens new tab, is investing $1 billion in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video and image generator, a crucial deal that could reshape how Hollywood makes content.

The partnership announced on Thursday is a pivotal step in Hollywood’s embrace of generative artificial intelligence, despite the industry’s concerns over the impact of AI on creative jobs and intellectual property rights.

As part of the agreement, Sora and ChatGPT Images are expected to start…



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


Walt Disney (DIS.N), opens new tab, is investing $1 billion in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video and image generator, a crucial deal that could reshape how Hollywood makes content.

The partnership announced on Thursday is a pivotal step in Hollywood’s embrace of generative artificial intelligence, despite the industry’s concerns over the impact of AI on creative jobs and intellectual property rights.

As part of the agreement, Sora and ChatGPT Images are expected to start…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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