Disney’s big bets on the metaverse and AI slop aren’t going so well

Disney's new CEO Josh D'Amaro faces two crises as OpenAI shuts down Sora months after Disney's $1 billion collaboration deal, and Epic Games lays off 1,000 employees despite its $1.5 billion metaverse investment deal with Disney. The collapse of these partnerships raises serious questions about Disney's strategy of betting heavily on generative AI and metaverse ventures.