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236 points inesranzo | 1 comments | | HN request time: 0s | source
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eykanal ◴[] No.46232245[source]
I read this as "Disney approached OpenAI and threatened to sue them into oblivion --> OpenAI negotiated that Disney will use OpenAI internally for free, and will buy $1B of equity to have an ownership stake in the company".

Disney comes out pretty good from this one; they're going to have a ton of people using the service to create all sorts of stuff that will—on the whole—increase brand awareness and engagement with Disney.

OpenAI comes out pretty good from this, with a customer who's probably not paying much (if anything), $1B additional runway, but reduced ownership of the company.

I think Disney is the winner here.

replies(3): >>46237471 #>>46239332 #>>46239435 #
venusenvy47 ◴[] No.46239435[source]
I don't really understand why Disney is paying $1B for this. Shouldn't OpenAI be paying Disney to avoid getting sued?
replies(1): >>46239612 #
1. twostorytower ◴[] No.46239612{3}[source]
Disney will either get a multiple on their return on investment, or OpenAI will die anyways and their IP issue with it.