Disney, OpenAI strike $1B deal to bring iconic characters to Sora

Core Insights - The Walt Disney Company has entered into a significant partnership with OpenAI, involving a $1 billion equity investment in the AI company [1] - As part of the agreement, Disney will provide licensed access to its extensive content library for OpenAI's use [1] Group 1 - Disney's investment in OpenAI marks a strategic move to enhance its capabilities in artificial intelligence [1] - The partnership is expected to leverage Disney's content and OpenAI's technology to create innovative solutions [1] - This collaboration highlights the growing trend of traditional media companies investing in AI to stay competitive [1]