Following Shutdown of AI Video Platform Sora, Disney Pulls Out of $1 B. Deal with OpenAI

OpenAI announced it will shut down its standalone Sora AI video app just months after launching it last fall, saying it will share timelines for the app and API and details on preserving users’ work. A source told The Hollywood Reporter that Disney is also exiting the deal it signed with OpenAI last December, in which Disney pledged to invest $1 billion and agreed to license some characters for use in Sora as part of plans to integrate the technology into Disney+. OpenAI CEO Sam Altman’s company said it is not leaving AI video entirely, but is shifting priorities away from the standalone app; Sora had drawn attention for enabling use of established intellectual property and known actors, prompting OpenAI to add more controls shortly after launch. Disney said it respects OpenAI’s decision and will continue engaging with AI platforms while emphasizing responsible use that respects IP and creators’ rights, and the article notes the move may strengthen Google’s position as the only scaled AI video-generation player despite ongoing IP-related lawsuits.

Read the full article at ARTnews.com

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