Disney and OpenAI Are Teaming Up. Here's What It Means for Investors.

Disney is investing $1 billion in the AI start-up and will leverage its generative AI video platform.Less than a week after the Warner Bros. Discovery-Netflix deal sent shockwaves through Hollywood, another deal is threatening to upend the entertainment industry.Walt Disney Co (DIS +2.43%) said it would invest $1 billion in OpenAI, the AI juggernaut whose generative AI tools could disrupt a host of industries, including entertainment.Central to that agreement is that Disney is bringing its classic character ...