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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: 0s | source
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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.

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elif ◴[11 Dec 25 15:00 UTC] No.46232184[source]▶
How is buying equity "giving money"?

Is it charity to buy AAPL as well?

I really don't understand your perspective

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1. raincole ◴[11 Dec 25 15:02 UTC] No.46232238{3}[source]▶
They think OpenAI equity will be worthless so it's "giving money." Obviously Disney disagrees.