Walt Disney Studios has struck a three-year deal with OpenAI, the company behind ChatGPT, to utilize its Sora AI video generator to produce content featuring beloved characters from the Disney universe. As part of this agreement, Disney will invest $1 billion in OpenAI and become one of its major customers.
The partnership is seen as a significant move by Disney to leverage artificial intelligence (AI) technology to enhance storytelling capabilities. The company plans to utilize Sora's AI video generator to create engaging content for its Disney+ streaming service, allowing fans to interact with their favorite characters in new and innovative ways.
Disney's iconic characters, including Mickey Mouse, Minnie Mouse, Lilo, Stitch, Ariel, Belle, Beast, Cinderella, Baymax, Simba, Mufasa, and others from various franchises like Encanto, Frozen, Inside Out, Moana, Monsters Inc., Toy Story, Up, and Zootopia, will be featured in the generated videos.
The agreement is notable for its commitment to responsible AI use, with both companies prioritizing user safety and creator rights. OpenAI has also pledged to implement age-appropriate policies and measures to ensure trust and safety.
Disney CEO Bob Iger emphasized that this partnership marks an exciting moment for the entertainment industry, highlighting the potential of technological innovation to revolutionize storytelling. He noted that Disney aims to "thoughtfully and responsibly extend the reach of our storytelling" while protecting creators' rights and intellectual property.
The deal has sent shockwaves through the tech and entertainment industries, as Disney is notoriously protective of its vast portfolio of IP. In fact, just last week, Disney sent a cease-and-desist letter to Google, alleging that the AI company's services infringe on Disney's copyrights.
Disney shares have jumped over 2% following the announcement, indicating investor confidence in the partnership. As this technology continues to evolve, it will be fascinating to see how Disney utilizes Sora's AI video generator to enhance its offerings and connect with fans worldwide.
The partnership is seen as a significant move by Disney to leverage artificial intelligence (AI) technology to enhance storytelling capabilities. The company plans to utilize Sora's AI video generator to create engaging content for its Disney+ streaming service, allowing fans to interact with their favorite characters in new and innovative ways.
Disney's iconic characters, including Mickey Mouse, Minnie Mouse, Lilo, Stitch, Ariel, Belle, Beast, Cinderella, Baymax, Simba, Mufasa, and others from various franchises like Encanto, Frozen, Inside Out, Moana, Monsters Inc., Toy Story, Up, and Zootopia, will be featured in the generated videos.
The agreement is notable for its commitment to responsible AI use, with both companies prioritizing user safety and creator rights. OpenAI has also pledged to implement age-appropriate policies and measures to ensure trust and safety.
Disney CEO Bob Iger emphasized that this partnership marks an exciting moment for the entertainment industry, highlighting the potential of technological innovation to revolutionize storytelling. He noted that Disney aims to "thoughtfully and responsibly extend the reach of our storytelling" while protecting creators' rights and intellectual property.
The deal has sent shockwaves through the tech and entertainment industries, as Disney is notoriously protective of its vast portfolio of IP. In fact, just last week, Disney sent a cease-and-desist letter to Google, alleging that the AI company's services infringe on Disney's copyrights.
Disney shares have jumped over 2% following the announcement, indicating investor confidence in the partnership. As this technology continues to evolve, it will be fascinating to see how Disney utilizes Sora's AI video generator to enhance its offerings and connect with fans worldwide.