Disney invested $1 billion in OpenAI for a 3-year license, enabling user-generated character videos to monetize IP and engage younger audiences. This deal highlights Disney's dual AI strategy: ...

Disney is taking a $1 billion equity stake in OpenAI, while also striking a deal that would allow its famous characters be used on Sora, the AI company’s video generation platform. Disney’s investment ...

Remember earlier this year when a bunch of Disney characters and civil rights activists were being puppeteered on social media by generative AI prompts? Disney sent a cease-and-desist to Character.ai, ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. On the surface of it, Disney’s plan to invest $1 billion in OpenAI while ...

Disney and OpenAI struck a licensing agreement that gives ChatGPT and Sora access to Disney's characters and IP. Disney is also investing $1 billion in the AI company and becoming a "major customer." ...