Disney to invest $1bn in OpenAI
Deal forms part of broader tie-up for media group’s intellectual property to feature within ChatGPT maker’s products
Deal forms part of broader tie-up for media group’s intellectual property to feature within ChatGPT maker’s products

CEO Sam Altman is shifting AI start-up’s strategy to focus on its core products

Sora has struggled to build an engaged audience despite already hosting bootleg content from the Hollywood studio

Both companies have an incentive to come to an agreement over ‘carriage’ dispute

Companies redraw $135bn alliance as ChatGPT maker seeks greater independence to increase revenues

Growth in theme parks and cruise lines business offsets absence of blockbusters and continued television revenue decline

The company behind ChatGPT has signed agreements with many of the largest tech groups, adding to a growing web of financial…