alt Hacker News$1B sounds huge, I don't understand what Disney has to gain. Is this only to have some control over the videos generated on Sora with their IP?
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radicaldreamer • yesterday at 5:48 PM
$1B is nothing for OpenAI or Disney
$1B sounds huge, I don't understand what Disney has to gain. Is this only to have some control over the videos generated on Sora with their IP?
$1B is nothing for OpenAI or Disney
From https://openai.com/index/disney-sora-agreement/
It's an equity investment, and yes they're agreeing to a committment to protecting the rights of the creators.
> Disney and OpenAI affirm a shared commitment to responsible use of AI that protects the safety of users and the rights of creators. >Alongside the licensing agreement, Disney will become a major customer of OpenAI, using its APIs to build new products, tools, and experiences, including for Disney+, and deploying ChatGPT for its employees. >As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity.