Disney, OpenAI wind down partnership as ChatGPT maker discontinues Sora
Reuters
Mar 25
Disney, OpenAI wind down partnership as ChatGPT maker discontinues Sora
March 24 (Reuters) - Disney DIS.N said on Tuesday it respects OpenAI's move to discontinue its video generation tool Sora, with the media giant and the ChatGPT maker winding down a partnership announced just months ago.
"We respect OpenAI's decision to exit the video generation business and to shift its priorities elsewhere ... we will continue to engage with AI platforms ... while responsibly embracing new technologies that respect IP and the rights of creators," a Disney spokesperson said.
(Reporting by Juby Babu in Mexico City; Editing by Shilpi Majumdar)
((Juby.Babu@thomsonreuters.com;))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.