OpenAI Wrongfoots Disney
The Information
•
Generative AI
Walt Disney Co. must be so glad it committed to investing $1B in OpenAI and becoming a customer of the ChatGPT creator. The theme park and entertainment firm agreed to both steps as part of a deal struck last December in which it licensed its characters for use on OpenAI’s Sora video-generation tool. On Tuesday, OpenAI decided to shut down Sora. In response, Disney abandoned the entire deal, including the investment. Disney made a dignified public statement, saying it appreciated “what we learned” from the relationship.