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The Walt Disney Company and OpenAI Partner on Sora

(openai.com)
249 points inesranzo | 1 comments | 11 Dec 25 14:05 UTC | HN request time: 0.201s | source
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postalcoder ◴[11 Dec 25 14:45 UTC] 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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ramesh31 ◴[11 Dec 25 14:54 UTC] No.46232103[source]▶
>I say this with no snark or disdain: Sam has mastered the art of the flywheel.

It's been his entire career. Guy has made billions of dollars from talking.

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1. sidewndr46 ◴[12 Dec 25 13:31 UTC] No.46243959[source]▶
Isn't that the case for most ultra-rich CEOs? All of the CEOs of Microsoft apparently started off either building product or helping develop the business into something profitable. But at some point it doesn't really matter if you have the skills to be an individual contributor, a team leader, or even a vice president. The role of CEO mostly is to keep investors happy & secondarily to put the right people in the company together to make things happen.