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What Disney gets out of letting open AI users drop Mickey Mouse and Buzz Lightyear into AI videos.
This gives Disney a financial stake in the hottest AI company in the world.
Plus, after two Senate votes fail,
hope is fading for a deal to extend healthcare subsidies for millions of Americans before the end of the year.
And how Silicon Valley is giving a boost to a U.S.
push into critical minerals against China.
It's Thursday, December 11th.
I'm Alex Ocilla for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
Disney has licensed its characters to open AI for three years as part of a deal the two companies announced today.
Disney is investing $1 billion in open AI with the possibility of buying more stock.
On Open AI's Sora video platform, users will be able to generate videos of more than 200 Disney,
Marvel, Star Wars, and Pixar characters, including Darth Vader, Homer Simpson, and Spider-Man.