Disney's much heralded $1 billion investment in Open AI is over as the Sam Altman-led tech giant will be shuttering its standalone Sora text-to-video app "The deal is not moving forward," an insider tells Deadline of the agreement then House of Mouse CEO Bob Iger reached last year with Altman. It is unclear how much [...]
Deadline
Disney's $1B Investment In Open AI DOA As Sam Altman Pulls Sora Plug: "The Deal Is Not Moving Forward"
March 24, 2026
9 days ago
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