The long and the short of IT - the week in digibytes
Disney commits to more AI, but no mention of that OpenAI debacle
Disney’s most recent big tech announcement didn’t end well as its much vaunted IP deal with OpenAI for short form content creation collapsed unbidden when the AI firm abruptly dumped its Sora initiative. That deal had been one of the last acts of outgoing CEO Bob Iger. His successor makes no reference to the OpenAI debacle, but does make clear the ongoing importance of tech investment to the Empire of the Mouse. Josh D’Amaro says:
Disney is uniquely positioned in the entertainment industry. No other company reaches consumers to the same degree across both digital and physical environments. Our goal is to leverage that position to extend our reach, deepen engagement and generate greater value from our world-class intellectual property. To fully capture this opportunity, we'll embrace technology more aggressively and build a more connected consumer experience with...
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