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Stock impact report

What smart people are saying about Disney's licensing deal with OpenAI [Business Insider]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in OpenAI announced Thursday it had struck a deal to license Disney's characters and other IP. It's a major shift for Disney, which has historically been deeply protective of its IP. One media expert said that Disney was solving two big problems with this partnership. It's likely just a matter of time before we see the wisened duo of Rafiki and Jiminy Cricket weilding lightsabers on the icy plains of Arendelle. That's courtesy of artificial intelligence, of course, and a new deal between Disney and OpenAI. OpenAI said Thursday it had struck a licensing agreement to use Disney's characters and other intellectual property. Disney will also invest $1 billion in OpenAI and will purchase ChatGPT Enterprise for its employees. It's a major shift for Disney, which has historically been deeply protective of its intellectual property. And it's a big Show less Read more
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