Disney Sends Cease-and-Desist
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May the slop be with you? The Walt Disney Company said Thursday it will invest $1 billion in OpenAI in a deal that will allow users to churn out AI videos with copyrighted characters from “Star Wars” and more through the artificial intelligence firm’s Sora app.
Disney is investing $1 billion in OpenAI, the entertainment giant announced on Thursday. As part of the deal, OpenAI users will be able to create AI images and videos featuring some of Disney's copyrighted characters.
Disney’s deal with OpenAI will allow users to generate AI videos based on characters from Marvel, Star Wars and other franchises.
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from "Frozen" and Yoda from "Star Wars" in OpenAI's text to video tool Sora. Disney has also agreed to invest $1 billion into the San Francisco AI startup.
Disney has announced a three-year, $1 billion partnership with OpenAI, becoming the first major Hollywood studio to formally integrate its intellectual property with a leading generative AI platform.
Dec 11 (Reuters) - Walt Disney 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 generator, a deal that could reshape how Hollywood makes content.
Disney (DIS) has agreed to make a $1B equity investment in OpenAI (OPENAI) and has signed a major licensing agreement under which OpenAI's generative AI video service Sora will have the rights to generate content using Disney's IP.