Disney is no longer planning to follow through with its agreement to invest $1 billion in OpenAI to bring user generated AI videos to its platforms, including Disney Plus. The massive entertainment conglomerate killed the deal following OpenAI's announcement that its Sora video app is shutting down.
One might guess that OpenAI is launching a new video platform that somehow revises its Sora plans, but the statement put out by the company (via THR) doesn't indicate anything like that, so it's either a secret, or this is the end for OpenAI's user generated video ambitions.
