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🧠 AI🔴 BearishImportance 7/10
Disney’s big bets on the metaverse and AI slop aren’t going so well
🤖AI Summary
Disney's new CEO Josh D'Amaro faces early challenges as OpenAI shuts down its Sora image-generation program just months after Disney's $1 billion collaboration announcement. Additionally, Epic Games is laying off 1,000 employees while its $1.5 billion metaverse partnership with Disney shows little progress.
Key Takeaways
- →OpenAI is shutting down Sora image-generation program months after Disney announced a $1 billion collaboration to integrate it into Disney Plus.
- →Epic Games is laying off 1,000 employees amid uncertainty about its $1.5 billion Disney metaverse partnership.
- →Disney's new CEO Josh D'Amaro is dealing with two major tech partnership crises within his first week.
- →The company's big bets on AI and metaverse technologies are facing significant setbacks.
- →Both partnerships were meant to transform Disney's digital offerings but are now in jeopardy.
Read Original →via The Verge – AI
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