Disney has a history of making big-time pivots and acquisitions to adjust with the times. Alphabet recognizes that AI is redefining internet search, and it can’t sit on its hands. This adaptability ...

Walt Disney Co. is licensing iconic characters including Mickey Mouse and Cinderella to OpenAI for use on its artificial intelligence video platform and has agreed to take a $1 billion stake in the ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. On the surface of it, Disney’s plan to invest $1 billion in OpenAI while ...

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has been one of the most fascinating megacap growth stocks this year. In June, it was badly underperforming the S&P 500 and many of its peers. But the stock has ...