HomeAustralian NewsDisney strikes licensing cope with OpenAI, agrees to $US1b funding

Disney strikes licensing cope with OpenAI, agrees to $US1b funding



Creative industries from movie to music and books have struggled to stability defending their useful copyright with the highly effective new applied sciences which have taken off with customers and supply a possible new avenue for development. Media companies that personal copyrights say the businesses constructing these fashions ought to pay them in an effort to practice on their work. The main report labels sued two audio AI startups final 12 months, although Warner Music Group and Universal Music Group each settled not too long ago with Udio, and struck offers to collaborate on a brand new business music creation and streaming service.

Loading

OpenAI unveiled a brand new model of Sora in September as a standalone social app, obtainable by invitation. As with the unique Sora, launched final December, customers can generate quick clips in response to textual content prompts, however the brand new app permits folks to see movies created by others. Beyond that, customers can create a realistic-looking AI avatar and voice of themselves, which could be inserted into movies made with the app by the person or their buddies, with the avatar proprietor’s permission.

“Disney is the worldwide gold customary for storytelling, and we’re excited to accomplice to permit Sora and ChatGPT Images to increase the way in which folks create and expertise nice content material,” mentioned OpenAI CEO Sam Altman.

OpenAI has raised tens of billions of {dollars} to assist cowl the price of expertise, chips and knowledge centres wanted to construct and assist cutting-edge AI fashions. The firm was valued at $US500 billion in a secondary share sale accomplished earlier this 12 months.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments