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AI Summary1 min read
TL;DR
Disney and OpenAI partner in a three-year deal, enabling AI-generated videos with Disney characters and including a $1 billion investment, signaling a shift from past legal disputes.
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The Walt DisneyDisneyOpenAIAI content creationlicensing dealentertainment partnership
Walt Disney and OpenAI announce a three-year licensing deal, allowing users to create short videos featuring Disney characters through AI. The deal includes a $1 billion equity investment by Disney and marks the first time a major entertainment company has licensed its characters for AI content creation. The partnership represents a shift from Disney's previous legal battles with AI companies and could help OpenAI address concerns about the sustainability of its business model.
