Disney Drops Plans for $1 Billion Investment

In an unexpected turn, OpenAi said it will discontinue Sora, the generative-AI video creation platform it launched in late 2024, without providing a reason for the decision.

“We’re saying goodbye to Sora. To everyone who created with Sora, shared it, and built community around it: thank you. What you made with Sora mattered, and we know this news is disappointing,”

• OpenAI’s Sora team statement

The platform has created the illusion of talent for millions of users who have polluted social media with ai video. many suspect that it was not the moral implications but rather the legal ones that influenced this decision. Sighting copyright infringement.

Disney is also exiting the deal it signed with OpenAI last year, in which it pledged to invest $1 billion in the company and agreed to license some of its characters for use in Sora. That is no longer happening to the delight of Disney fans and their other properties like Marvel.

Sources: Variety / Hollywood Reporter