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247 points inesranzo | 1 comments | | HN request time: 0s | source
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postalcoder ◴[] No.46232000[source]
buried the lede:

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

I say this with no snark or disdain: Sam has mastered the art of the flywheel.

Re licensed ai videos, if anyone wants to see the perspective the C-suites are being sold on, check out this episode of Belloni's The Town, in which they discuss the vision for AI + IP https://overcast.fm/+AA4DU9JreIE

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npollock ◴[] No.46238449[source]
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

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1. redwood ◴[] No.46239310[source]
Disney loves the idea of giving investors an angle to bet on AI