Disney’s OpenAI agreement is only for one year – so it’s open season

Disney’s three-year partnership with OpenAI includes only one, Disney CEO Bob Iger. he told CNBC. The company signed a contract and OpenAI last week which will bring its famous characters to the AI ​​industry of animation Sora. After the exclusive year, Disney has the right to sign similar contracts with other AI companies.

The partnership gives OpenAI a trusted partner, allowing users to draw on more than 200 characters from Disney, Marvel, Pixar, and Star Wars to create Sora content. Currently, it is the only AI platform that is allowed to do so.

For Disney, the deal provides a way to test the waters with its AI output and intelligence, allowing the company to evaluate how its partnership with OpenAI is going before pursuing additional agreements.

“No human generation has ever stood in the way of technology, and we don’t want to try,” Iger told CNBC. “We’ve always felt that if it’s going to happen, including disrupting our businesses, then we’re going to step up.”

Fortunately, on the same day that Disney announced its partnership with OpenAI, the company posted a a cease-and-desist letter to Googleclaiming that the tech giant has violated its privacy policy. Google did not confirm or deny Disney’s claims but said it would “deal” with the company.