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npollockyesterday at 10:52 PM4 repliesview on HN

Disney said "Our IP is $1B for a 3yr license, or we sue"

Altman said "We can pay with equity, but let's frame it as an investment"

No cash exchanged


Replies

richard___today at 12:52 AM

Disney is actually paying $1B so it makes no sense. OpenAI gets the IP plus $1B.

show 2 replies
redwoodtoday at 12:18 AM

Disney loves the idea of giving investors an angle to bet on AI

robots0onlyyesterday at 11:31 PM

This is probably very similar to what happened!