←back to thread

The Walt Disney Company and OpenAI Partner on Sora

(openai.com)
236 points inesranzo | 1 comments | 11 Dec 25 14:05 UTC | HN request time: 0.001s | source
Show context
afavour ◴[11 Dec 25 14:47 UTC] No.46232022[source]▶
AI has driven the corporate suites of these companies insane.

> As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity.

I don't know what kind of hypnosis tricks Sam Altman pulls on these people but the fact that Disney is giving money to OpenAI as part of a deal to give over the rights to its characters is absolutely baffling.

OpenAI and ChatGPT have been pioneering but they're absolutely going to be commoditized. IMO there is at least a 50:50 chance OpenAI equity is going to be next to worthless in the future. That Disney would give over so much value and so much cash for it... insane.

replies(11): >>46232048 #>>46232061 #>>46232089 #>>46232130 #>>46232149 #>>46232163 #>>46232173 #>>46232184 #>>46232522 #>>46232597 #>>46238161 #
1. herbturbo ◴[11 Dec 25 14:55 UTC] No.46232130[source]▶
Disney only exists now to exploit the IP it has bought. They just want to join the circle of OpenAI, Nvidia, Microsoft et al making meaningless deals with each other.