Disney has agreed to invest $1bn (£740m) in OpenAI as part of a deal which will let people use many of its iconic characters in the chatbot ChatGPT and video-generation tool Sora. It is the first major studio to license parts of its catalogue to the tech giant, in a move which could have major implications for the studio's future plans.

Walt Disney (DIS.N) said on Thursday it will make a $1 billion equity investment in OpenAI and that the companies have agreed to bring the entertainment giant's characters to OpenAI's Sora video gener...