The demand for Disney characters in particular from our users is sort of off the charts. So, I won't rule out anything in the future, but we think this alone is going to be a wonderful start uh for what our customers want to do when it comes to, you know, putting themselves in that one lightsaber scene from uh lightsaber fight from Star Wars or making like a a Buzz Lightyear custom birthday video for their kid. Uh I think this is going to be like quite a big deal for our users and then we can uh we can reev ...

Strategic Investment & Partnership - Disney is making a $1 billion investment in OpenAI [1] - The deal includes a major licensing agreement, granting OpenAI access to Disney's iconic characters [1] - This is a three-year agreement, positioning Disney as a major OpenAI customer [3] Content Creation & Distribution - OpenAI's Sora video app users will be able to create content featuring over 200 Disney characters [2] - Fan-inspired Sora videos using Disney characters may be streamed on Disney Plus [3] Technological Advancement - OpenAI views this deal as a significant step in artificial intelligence and entertainment [1] - Disney will utilize OpenAI's services to develop new products and experiences [3]

Let's bring in Mackenzie Sagalis with her her take on that. Mackenzie followed up asking about competition as well and and he definitely said that they're dominant in consumer but acknowledge the competition in enterprise. >> Yeah.So Sarah turning Sora into a Disney playground is really about open AI chasing mass appeal to your point rather than doubling down on frontier research. Sam Alman. He has been making the rounds this week from late night with Jimmy Fallon to our air this morning trying to sell the ...

Core Insights - The article discusses the impact of artificial intelligence (AI) on social media and content consumption, highlighting how AI technologies, including chatbots and image/video generators, are becoming integral to daily life [2]. Group 1: AI Technology - AI technology is increasingly infiltrating various aspects of life, particularly in shaping content on social media platforms [2]. - The article emphasizes the role of AI image generators in transforming visual content creation [2]. Group 2: Social Media Influence - The influence of AI on social media is profound, affecting both the content that users engage with and the creators behind that content [2]. - The integration of AI tools is changing the dynamics of content production and consumption on social media [2].

Well, obviously we've been mindful of the significant growth in AI to begin with and extremely impressed with the progress that SAM and OpenAI have made and uh that includes by the way as I said earlier uh their agreement to both honor and value and respect our content. Uh and we want to participate in in in in what Sam is creating and what his team is creating. We think this is a good investment for the company.It's kind of a weigh-in of sorts for us to appreciate even more what is obviously something that ...

joining us with the first street reaction to some of that news. Rosenblad Securities senior internet media research analyst Barton Crockett Barton I wonder if you'd been listening and what kind of thoughts you had about how this moves the the whole narrative forward on AI. >> Well, yeah, I think there's a couple of things.I mean, one is what a great endorsement for Open AI. I mean, right at, you know, peak uncertainty about their business model. Um, you know, and peak concerns kind of all around.They're uh ...

May the slop be with you?The Walt Disney Company said Thursday it will invest $1 billion in OpenAI in a deal that will allow users to churn out AI videos with copyrighted characters from “Star Wars” and more through the artificial intelligence firm’s Sora app.The announcement of the deal — which seems poised to flood the web with even more AI slop — came a day after Disney threated legal action against OpenAI’s rival, Google, over alleged copyright infringement on a “massive scale.” 3 The photo above is a ...

Disney CEO Bob Iger says his company's major licensing deal with OpenAI is all about establishing a foothold in a new realm of entertainment and engaging younger audiences. The licensing agreement gives ChatGPT and OpenAI's Sora video platform access to Disney characters like Mickey Mouse and Darth Vader. Disney is also investing $1 billion in the AI company and becoming a "major customer."Speaking on CNBC about the deal with OpenAI's Sam Altman on Thursday, Iger said it gives Disney a chance to get in on ...

Disney Targets Google Over AI Copyright Violations—Alongside $1 Billion OpenAI Deal► https://t.co/gfp5O6yv9y https://t.co/gfp5O6yv9y ...

Bob, at the same time you you announced this deal, uh, you I I've reported on a cease and desist letter that was sent to Google. I I would imagine there's not a coincidence in terms of the timing. I'm curious as to what your conversations have been like with other platforms, including Google, and why you chose to make that move today.Well, we've been aggressive at protecting our IP and um and we've we've gone after other companies uh that have not honored our IP, not respected our IP, not valued it. Uh and ...