Disney invests $1 billion in OpenAI, licenses 200 characters for AI video app Sora

Disney has invested $1 billion in OpenAI and struck a licensing deal allowing OpenAI's Sora video generator users to create short clips featuring over 200 Disney, Marvel, Pixar, and Star Wars characters. This partnership marks the first major content licensing agreement between a Hollywood studio and OpenAI's AI video platform. Disney CEO Robert A. Iger expressed excitement about the collaboration, emphasizing the importance of technological innovation in entertainment. The deal highlights the evolving relationship between tech companies and copyright holders, with OpenAI taking steps to license content from IP owners for its AI models.