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Stockreport

Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform [Los Angeles Times (CA)]

Comcast Corporation - Class A (CMCSA)  More Company Research Source: Los Angeles Times
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
As part of the three-year licensing pact, Sora will be able to generate short, user-prompted social videos that can be viewed and shared by fans, drawing from a library of more than 200 animated and creature characters from Disney, Marvel, Pixar and Star Wars, according to a statement from Disney on Thursday. The deal doesn't cover any talent likenesses or voices. At the same time, Disney will become a major customer of OpenAI, using its tools to build new products and experiences and deploying ChatGPT for its employees. “The rapid advancement of artificial intelligence marks an important moment for our industry, and through this collaboration with OpenAI we will thoughtfully and responsibly extend the reach of our storytelling through generative AI, while respecting and protecting creators and their works,” Disney Chief Executive Officer Bob Iger said in the statement. Hollywood studios have been reluctant to get into business with an AI company, wary of how it might use their [Read more]
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Stockreport

Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform [Los Angeles Times (CA)]

Comcast Corporation - Class A  (CMCSA) 
More Company Research Source: Los Angeles Times
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
As part of the three-year licensing pact, Sora will be able to generate short, user-prompted social videos that can be viewed and shared by fans, drawing from a library of more than 200 animated and creature characters from Disney, Marvel, Pixar and Star Wars, according to a statement from Disney on Thursday. The deal doesn't cover any talent likenesses or voices. At the same time, Disney will become a major customer of OpenAI, using its tools to build new products and experiences and deploying ChatGPT for its employees. “The rapid advancement of artificial intelligence marks an important moment for our industry, and through this collaboration with OpenAI we will thoughtfully and responsibly extend the reach of our storytelling through generative AI, while respecting and protecting creators and their works,” Disney Chief Executive Officer Bob Iger said in the statement. Hollywood studios have been reluctant to get into business with an AI company, wary of how it might use their [Read more]
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