Disney's $1 Billion Bet: A Licensing Model With OpenAI for User Content

On Thursday (Dec. 11), The Walt Disney Company announced a $1 billion investment in OpenAI and a groundbreaking three-year licensing agreement that will allow the artificial intelligence firm’s Sora video model to generate short fan-created clips using more than 200 Disney-owned characters, settings and worlds.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Ter ...