DISNEY TO INVEST $1 BILLION IN OPENAI AND LICENSE CHARACTERS FOR USE IN CHATGPT, SORA

Summary from the TLDR newsletter

Disney is investing $1 billion into OpenAI. The three-year licensing deal will allow OpenAI's users to generate videos with Disney's characters and properties in them. The agreement includes provisions that limit what Disney characters can do in generated videos. The partnership is the result of nearly two years of talks between the two companies.