financetom
Business
financetom
/
Business
/
Market Chatter: Walt Disney Creates New Business Unit for AI, Mixed Reality
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Walt Disney Creates New Business Unit for AI, Mixed Reality
Nov 4, 2024 11:35 AM

04:59 AM EST, 11/04/2024 (MT Newswires) -- Walt Disney ( DIS ) is putting together a new group that will explore the uses of new technologies, such as artificial intelligence, across film, television and theme parks, Reuters reported Friday.

The film studio's chief technology officer Jamie Voris will lead the newly formed Office of Technology Enablement, Reuters said, citing a memo from Disney Entertainment Co-Chairman Alan Bergman.

While the unit will focus on emerging technologies like AI and mixed reality, it is designed to ensure that related projects fit with the company's broader strategy instead of centralizing work on these projects, the report said.

The Office of Technology Enablement is expected to have up to 100 employees, the report said, citing a person familiar with the matter.

Disney ( DIS ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 95.80, Change: -0.01, Percent Change: -0.01

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Volcon HF1 Secures UK Distribution With Electric Wheels
Volcon HF1 Secures UK Distribution With Electric Wheels
Jan 8, 2025
11:33 AM EST, 01/08/2025 (MT Newswires) -- Volcon ( VLCN ) said Wednesday that Electric Wheels agreed to distribute the Volcon HF1 utility terrain vehicle in the United Kingdom. Electric Wheels is the official European distributor of HF1 manufacturer, who holds licensing rights to sell the vehicle outside of North America as part of a manufacturing agreement with Volcon (...
Biofrontera Says Last Patient Completes 1-Year Follow-Up in Skin Cancer Treatment Study; Shares Jump
Biofrontera Says Last Patient Completes 1-Year Follow-Up in Skin Cancer Treatment Study; Shares Jump
Jan 8, 2025
11:31 AM EST, 01/08/2025 (MT Newswires) -- Biofrontera (BFRI) said Wednesday that the last patient completed the one-year follow-up visit in a phase 3 study of the use of Ameluz and RhodoLED photodynamic therapy to treat superficial basal cell carcinoma, a type of skin cancer. The study evaluated safety and efficacy in 187 patients with at least one clinically and...
Carvana Stock Soars As Atlanta 'Megasite' Integration Boosts Auction, Reconditioning Capacity
Carvana Stock Soars As Atlanta 'Megasite' Integration Boosts Auction, Reconditioning Capacity
Jan 8, 2025
Carvana Co. ( CVNA ) shares are trading lower on Wednesday after the company announced its plans to integrate an auction and reconditioning “Megasite” at its existing ADESA Atlanta location. This transition will see Carvana ( CVNA ) establish Inspection and Reconditioning Center (IRC) capabilities at the site while maintaining its digital and in-lane auction operations. According to a press...
Ecarx Virtual Machine Capabilities in Vehicles Get ISO Certification
Ecarx Virtual Machine Capabilities in Vehicles Get ISO Certification
Jan 8, 2025
11:24 AM EST, 01/08/2025 (MT Newswires) -- Ecarx Holdings ( ECX ) said Wednesday its hypervisor, part of the Cloudpeak software stack, has received the functional safety certification, Automotive Safety Integrity Level D, under the ISO 26262 standard. This certifies the Ecarx's ( ECX ) capabilities in automotive safety management. Hypervisor is the ability to run low-loss virtual machines on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved