‘Creativity is the new productivity’: Bob Iger on why Disney chose to be ‘aggressive,’ adding OpenAI as a $1 billion partner
The deal, which brings Disney’s intellectual property to OpenAI’s video generation platform Sora, is structured to balance “aggressive” intellectual property protection with a willingness to embrace inevitable technological disruption, Iger…
Highlights from Fortune Brainstorm AI San Francisco
My favorite panel was one I moderated with a half-dozen leaders and stakeholders in the world of AI data centers, including Andy Hock from Cerebras, Matt Field from Crusoe, and…
Bob Iger says Disney’s $1 billion deal with OpenAI is an ‘opportunity, not a threat’: ‘We’d rather participate than be disrupted by it’
Disney CEO Bob Iger painted the team-up as Disney taking the next step in content with the newest technology and waved away concerns about whether the deal represents a threat…
Oracle slides by most since January on mounting AI spending
Capital expenditures, a metric of data center spending, were about $12 billion in the quarter, an increase from $8.5 billion in the preceding period, the company said Wednesday in a…
‘We’re not just going to want to be fed AI slop for 16 hours a day’: Analyst sees Disney/OpenAI deal as a dividing line in entertainment history
As low‑cost synthetic video proliferates, Grous said he believes audiences will begin to mentally divide entertainment into “pre‑AI” and “post‑AI” categories, attaching a premium to work made largely by humans…
Exclusive: YouTube launches option for U.S. creators to receive stablecoin payouts through PayPal
YouTube is already an existing customer of PayPal’s and uses the fintech giant’s payouts service, which helps large enterprises pay gig workers and contractors. Early in the third quarter, PayPal added…
When AI takes the tasks, managers take the relationships
Good morning. AI agents may be getting smarter, but human managers are still indispensable. Canva’s head of AI research, Stefano Corazza, said the company’s goal is to build AI around…
Netflix’s takeover of Warner Brothers is a nightmare for consumers
Instead, the Netflix acquisition of Warner Brothers will create an entity that would dominate the media industry. This year, Netflix announced its largest-ever subscriber increase to over 300 million users,…
Coca-Cola names 30-year veteran Henrique Braun as new CEO
The Atlanta beverage giant said its board elected Henrique Braun as CEO effective March 31. James Quincey, Coke’s current chairman and CEO, will transition to executive chairman of the company.Braun,…
Exclusive: Crypto startup LI.FI raises $29 million for cross-blockchain price discovery tool
On Thursday, LI.FI announced that it raised $29 million in funding led by Multicoin and CoinFund, bringing the total capital to about $52 million. Zentner did not disclose the company’s…
