The Walt Disney Company has announced a $1 billion equity investment in OpenAI, marking a significant partnership between the entertainment giant and the AI research firm. This deal positions Disney as the first major content licensing partner for OpenAI's model Sora.
As part of the agreement, Disney will utilize OpenAI's APIs to develop new products, tools, and experiences, particularly for its streaming service Disney+. Additionally, Disney plans to deploy ChatGPT to enhance employee operations, signaling a strategic move to integrate advanced AI technologies into its business processes.
Disney Invests $1 Billion in OpenAI, Becomes Key Partner
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