Disney’s big bets on the metaverse and AI slop aren’t going so well
#Disney #CEO #OpenAI #Sora #Epic Games #metaverse #AI collaboration #layoffs
📌 Key Takeaways
- Disney's new CEO faces crises in AI and metaverse partnerships shortly after taking office.
- OpenAI is shutting down its Sora image-generation program, impacting Disney's $1 billion AI collaboration for Disney Plus.
- Epic Games is laying off 1,000 employees, raising concerns about Disney's $1.5 billion metaverse investment deal.
- Disney's future plans for integrating AI into streaming and building a metaverse are now uncertain.
📖 Full Retelling
Less than a week into his tenure as Disney's newly-appointed CEO , Josh D'Amaro is already dealing with two separate crises that have cast a shadow over the company's future plans. OpenAI is shutting down its Sora image-generation program just months after Disney announced a $1 billion dollar collaboration to bake the tech into Disney Plus . And Fortnite maker Epic is laying off 1,000 employees at a time when we've heard basically nothing about the game studio's $1.5 billion investment deal with Disney to build a metaverse .
Disney could still integrate generative AI into its streaming service, and we might end up seeing some version of the co …
Read the full story at The Verge.
🏷️ Themes
Corporate Strategy, Technology Partnerships
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Original Source
Less than a week into his tenure as Disney's newly-appointed CEO , Josh D'Amaro is already dealing with two separate crises that have cast a shadow over the company's future plans. OpenAI is shutting down its Sora image-generation program just months after Disney announced a $1 billion dollar collaboration to bake the tech into Disney Plus . And Fortnite maker Epic is laying off 1,000 employees at a time when we've heard basically nothing about the game studio's $1.5 billion investment deal with Disney to build a metaverse .
Disney could still integrate generative AI into its streaming service, and we might end up seeing some version of the co …
Read the full story at The Verge.
Read full article at source