Disney invests $1B in OpenAI, licenses 200 characters to Sora
Summary
Disney announced a three-year licensing deal with OpenAI that includes a $1 billion equity investment and broad rights to use more than 200 Disney, Marvel, Pixar, and Star Wars characters in Sora and ChatGPT Images. The agreement also makes Disney a major customer of OpenAI, with plans to use OpenAI APIs for new Disney+ experiences and to deploy ChatGPT internally. Fans will be able to create and share AI-generated short-form videos based on Disney IP, and Disney+ may feature curated Sora-generated content. The deal is still subject to definitive agreements and approvals, and Disney separately sent a cease-and-desist letter to Google over alleged AI copyright infringement.
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HealthTech
applications
Web and Content Management
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SaaS
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Google LLC
$100M to $250M
OpenAI
$25M to $50M