artifex
macrumors 6502a
I wonder if they named Sora after the character in the Kingdom Hearts franchise?Disney didn't pull out. OpenAI is killing Sora. No Sora means Disney cannot continue with their investment.
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Sora Shutting Down, Meaning Disney's OpenAI Investment Is Dead
Disney's much heralded $1 billion investment in OpenAI is over as the Sam Altman-led tech giant shuttered its stand-alone Sora text-to-video app.deadline.com
Disney‘s much heralded $1 billion investment in OpenAI is over as the Sam Altman-led tech giant will be shuttering its standalone Sora text-to-video app.
“The deal is not moving forward,” an insider tells Deadline of the agreement then-House of Mouse CEO Bob Iger reached last year with Altman.
It is unclear how much of the $1 billion Disney had handed over to the IPO-inclined OpenAI and when and how they would be getting the money back — if at all. It looks dicey that the AI start-up will continue to have access to license 250 Disney characters, which they were set to pay the Burbank-based media giant for.
The big bucks injection late last year from Disney looked to reset the IP battle between artificial intelligence and Hollywood by permitting iconic characters from Frozen, Star Wars and the Marvel multiverse to be used on the generative AI video app. The three-year deal with OpenAI was supposed to make the leap to hyperspace this spring, Iger and other Disney brass boasted on a February earnings call.
Today, that all went in the digital trash, as OpenAI said it was pulling the plug on Sora.
Can't decide which company is more Heartless, but I'll bet their next collaboration with Disney will be something of a Twisted Wonderland.