That supposed $1 billion Disney investment in "Open"AI was a mirage all along, as so many things related to the AI industry have come to be.

https://www.reuters.com/technology/openai-set-discontinue-sora-video-platform-app-wsj-reports-2026-03-24/

@dangillmor Most of the OpenAI "investments" when you look at the fine print are announcements of intent to invest up to the amount, not actual money exchanges. Like most of Nvidia's commitments. All to drive stock valuations up, and most of them work.