Disney to invest $1 billion in OpenAI

The Walt Disney Company and OpenAI announced a landmark strategic partnership agreement. Under the agreement, Disney will make a $1 billion equity investment in OpenAI, further deepening their collaboration in artificial intelligence technology and content creation.

Disney will also become the first major content licensing partner for OpenAI's video generation model, Sora, gaining access to its advanced capabilities in creative generation and visual content production.

Furthermore, Disney will officially become an OpenAI enterprise customer, building various AI-driven products, tools, and consumer experiences through its APIs, including projects for the Disney streaming platform.

The company also plans to deploy ChatGPT across its employees to improve productivity and collaborative innovation.

This collaboration marks a deep integration between a traditional entertainment giant and a cutting-edge AI lab, potentially opening new possibilities for content creation, user experience, and industry technology applications.