It's an equity investment, and yes they're agreeing to a committment to protecting the rights of the creators.
> Disney and OpenAI affirm a shared commitment to responsible use of AI that protects the safety of users and the rights of creators.
>Alongside the licensing agreement, Disney will become a major customer of OpenAI, using its APIs to build new products, tools, and experiences, including for Disney+, and deploying ChatGPT for its employees.
>As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity.
arealaccount|2 months ago
It's an equity investment, and yes they're agreeing to a committment to protecting the rights of the creators.
> Disney and OpenAI affirm a shared commitment to responsible use of AI that protects the safety of users and the rights of creators. >Alongside the licensing agreement, Disney will become a major customer of OpenAI, using its APIs to build new products, tools, and experiences, including for Disney+, and deploying ChatGPT for its employees. >As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity.
sofixa|2 months ago
So all those creators that OpenAI plagiarised from, and are suing them, they just needed to pay them to get protection? Sounds easy!
radicaldreamer|2 months ago