Disney to invest $1 billion in OpenAI under new licensing agreement

Walt Disney Co. is investing $1 billion in OpenAI under a new commercial partnership with the ChatGPT and Sora developer.

The three-year licensing agreement that will allow users of Sora, OpenAI's artificial intelligence video tool, to create AI videos using more than 200 characters from Disney, Marvel, Pixar and Star Wars, the entertainment giant announced Thursday.

—This is a developing story and will be updated

Edited by Alain Sherter

The Associated Press contributed to this report.

• Disney
• OpenAI
• Artificial Intelligence