I wonder if this will weaken Disney's suit against Midjourney.

A tenant of seeking damages in a copyright complaint is the loss of control over how the intellectual property is used, and the potential damage done to the intellectual property by those who are not the rights holder. However this agreement demonstrates that they're not only willing to give up control (and allow content to be created without their vetting), but that they'd even financially contribute the acceleration of such through a very large initial investment with a carve out to contribute even more down the road.

I was aiming to write a counterpoint here, but so far many are quickly debunked by Disney being the company that is the financial backer of the agreement.