Disney’s Tech Ambitions Stumble: Metaverse and AI Plans Under Pressure
New Disney CEO Josh D'Amaro faces immediate hurdles as OpenAI shuts down Sora and Epic Games announces massive layoffs.
Less than a week into his tenure as Disney's newly-appointed CEO, Josh D'Amaro is already navigating two major crises that cast a shadow over the company's future tech roadmap. OpenAI is reportedly shutting down its Sora image-generation program, a move that comes only months after Disney announced a $1 billion collaboration to integrate the technology into Disney Plus.
Simultaneously, Disney's $1.5 billion investment in Epic Games is facing scrutiny. The Fortnite creator is laying off 1,000 employees at a time when updates regarding their joint metaverse project remain scarce. While Disney may still find ways to incorporate generative AI into its streaming ecosystem, these setbacks represent a significant blow to the company's high-stakes digital strategy.
Keep reading online — scan the code
https://go.tricuatro.com/9xM5J
© tricuatro.com
Article topics
Related articles
TikTok tests AI tool to protect creators from deepfakes
The video platform is rolling out an opt-in feature allowing users to verify their identity and report unauthorized AI-generated likenesses.
Apple Sues OpenAI Over Alleged Hardware Trade Secret Theft
The Cupertino giant accuses former key employees, including Tang Tan, of stealing confidential hardware information for OpenAI's benefit and its expansion into consumer hardware.
Anthropic Tackles AI's Toughest Questions for a Responsible Future
The company launches an initiative to understand public concerns and transparently address the challenges of artificial intelligence development.
Latest news
View all
Sweet Interstellar Discovery: Erythrulose Detected in the Milky Way
Scientists from the Spanish Astrobiology Center have for the first time identified a true sugar, erythrulose, in a gas and dust cloud near our galaxy's center. This finding suggests complex molecules can form before stars and planets are born.
Paramount and Warner Bros. Merger Halted by Judge Over Antitrust Concerns
A coalition of 12 states successfully petitioned Judge Araceli Martinez-Olguin to temporarily block the deal, citing fears of higher prices and reduced content.
MIT Chip Converts Invisible Infrared Light into Crucial Data
MIT researchers developed an innovative chip detecting methane and propane using mid-infrared light, with potential for millions of pixels and optical computing.
Comments (0)
No comments yet. Be the first!
Only registered readers can comment.