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throw4847285yesterday at 8:23 PM2 repliesview on HN

Didn't they cut a huge deal with Disney just 3 months ago?

https://openai.com/index/disney-sora-agreement/


Replies

torawayyesterday at 9:44 PM

Yes, and Disney is apparently no longer investing in OpenAI, making one more example of an OpenAI investment hype cycle that turned out to be hot air.

Disney Exits OpenAI Deal After AI Giant Shutters Sora

https://www.hollywoodreporter.com/business/digital/openai-sh...

  A source familiar with the matter tells The Hollywood Reporter that Disney is also exiting the deal it signed with OpenAI last year, in which it pledged to invest $1 billion in the company and agreed to license some of its characters for use in Sora.

  “As the nascent AI field advances rapidly, we respect OpenAI’s decision to exit the video generation business and to shift its priorities elsewhere,” a Disney spokesperson said. “We appreciate the constructive collaboration between our teams and what we learned from it, and we will continue to engage with AI platforms to find new ways to meet fans where they are while responsibly embracing new technologies that respect IP and the rights of creators.”
Also "exit the video generation business" seems somewhat notable, suggesting they're not just planning to launch a different video gen product to replace Sora?
moralestapiayesterday at 8:36 PM

Wow. OpenAI is the weirdest company in the planet.

I used to think they were pretty clever but with this news and other recent ones (Jony Ive project cancelled, Stargate scaled down significantly, their models inflating token use on purpose) they just seem schizo.

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