The terms, which have not been reported, are intended to align both companies’ financial incentives if Sora succeeds, said ...
Investor Michael Burry, made famous in the film "The Big Short," recently likened OpenAI to Netscape, which ruled the web browser market in the mid-1990s only to lose to Microsoft's Internet Explorer ...
The Disney/OpenAI deal and the ElevenLabs deal highlights the fact that IPs are often a combination of images, music, voices ...
Roomba's parent company iRobot has filed for Chapter 11 bankruptcy amid recent financial struggles and is now being acquired ...
Disney’s three-year licensing partnership with OpenAI includes just one of exclusivity, Disney CEO Bob Iger told CNBC. The ...
Disney just sued Google, calling its AI a "virtual vending machine" for pirating characters like Mickey Mouse and Elsa.
Last week, the two companies announced that Disney would allow OpenAI’s Sora to draw from a library of more than 200 animated ...
The Disney–OpenAI deal looks like a strategic move focused on control and optionality rather than capitulation to AI ...
After teasing the integration of AI into its company earlier this year, Disney announced that it is investing $1 billion in ...
Disney made a deal with OpenAI, which both speaks to the durability of Disney’s assets and to OpenAI’s competition with Google.
This partnership grants OpenAI access to Disney’s vast IP (including Pixar, Marvel, and Star Wars) to create new forms of ...
The animation giant has now signed an agreement with OpenAI, allowing the company to use over 200 of its characters in Sora, ...