Disney CEO on $1 billion investment in OpenAI: 'This is a good investment for the company'

Investment Decision - The company has decided to invest one billion dollars in OpenAI, recognizing the significant growth in AI and the impressive progress made by OpenAI and its team [1] - This investment is viewed as a strategic move to appreciate the long-term impact of AI on the company's business [2] Intellectual Property Protection - The company has been proactive in protecting its intellectual property (IP) and has taken action against other companies that have not respected or valued its IP [4] - A cease and desist letter was sent to Google due to a lack of progress in discussions regarding IP concerns, indicating the company's aggressive stance on IP protection [5]