Disney and Adobe sign partnership to develop custom smart models
The Walt Disney Company and Adobe have signed a multi-year agreement to co-develop custom generative artificial intelligence models via the Firefly Foundry platform. The partnership aims to deploy proprietary Disney-owned tools trained on its intellectual property across theme parks, the film studio, and the ESPN sports network.
Disney recruits majority of Character AI workforce following bankruptcy
Following Character AI’s bankruptcy filing early this week, entertainment giant Disney has agreed to extend job offers to at least 60 employees, representing the majority of the startup’s workforce. This move coincides with Disney acquiring assets from the company for $20 million and appointing its former CEO to a leadership role.
Character.AI removes Disney animated characters from its platform
In the latest round of conflict between Hollywood and AI companies, startup Character.AI has removed numerous chatbots embodying famous Disney characters after receiving a cease-and-desist letter from the entertainment giant accusing it of copyright infringement.
Character Technologies formally files for bankruptcy protection
Character Technologies, the operator of the AI chat platform, has filed for Chapter 11 bankruptcy protection in a U.S. bankruptcy court in Delaware in a bid to auction its tech assets, with The Walt Disney Company participating with an opening stalking-horse bid of $20 million amid growing risks of a permanent app shutdown.
OpenAI raises $120 billion and shuts down Sora app in a bold strategic move
The leading artificial intelligence company has announced a historic funding round raising its valuation to unprecedented levels, alongside a surprise decision to end the Sora video generation app to focus on robotics, profitability, and risk reduction ahead of an IPO.
Google removes Disney AI videos after legal warning
Google has removed dozens of AI-generated videos of Disney characters from YouTube after receiving a cease-and-desist letter. This move comes amid mounting tensions over intellectual property rights and Disney’s new partnership with OpenAI.
Disney and OpenAI deal redefines copyright war in the AI era
Disney and OpenAI have announced a historic deal allowing the use of Disney characters in the Sora video model, with Disney investing $1 billion in the company, signaling a shift in Hollywood’s strategy.
Disney and Universal sue Midjourney for character copyright infringement
Disney and Universal have filed a lawsuit against artificial intelligence company Midjourney over its image generator, which they allege is a “bottomless well of plagiarism” that produces countless copies of famous Disney characters.
Stunning “Tron: Ares” visual trailer revealed at CinemaCon!
At a time when debates around artificial intelligence are escalating, Disney announced the premiere teaser for “Tron: Ares” during CinemaCon in Las Vegas. Starring Jared Leto and Jeff Bridges, the film combines high visual effects with a timeline that takes viewers into the future of artificial intelligence.