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The Walt Disney Company (DIS) Faces Sebtack to Its Potential Major Partnership with OpenAI

The Walt Disney Company (NYSE:DIS) is among our picks in the list titled billionaire portfolio: 7 cheap stocks top billionaires are accumulating.

On March 24, 2026, The Walt Disney Company (NYSE:DIS) faced a massive setback to its potential major partnership with OpenAI. On that day, the ChatGPT maker and Disney sat down to discuss a project related to the Sora AI video tool. However, just 30 minutes later, OpenAI canceled work on the tool, adding to concerns surrounding Disney’s stock performance and leadership transition.

OpenAI’s decision put an end to a planned $1 billion, three-year partnership. Although not formally closed, the deal would have seen The Walt Disney Company (NYSE:DIS) invest and license over 200 characters. The key reason for the cancellation was constraints tied to Sora’s heavy computational demands. The move came as a surprise to both Disney’s internal teams and its partners.

Meanwhile, The Walt Disney Company (NYSE:DIS) remains a “Buy” at Guggenheim as of March 18, 2026, although the firm reduced its price target from $140 to $115. The target adjustment reflects a reassessment of valuation metrics as well as leadership changes, with Josh D’Amaro assuming the CEO role. The investment firm pointed to the impact of past leadership changes, noting The Walt Disney Company (NYSE:DIS) has underperformed the S&P 500 by 60% since Bob Iger returned in late 2022 and by 38% since Hugh Johnston became CFO in December 2023.

The Walt Disney Company (NYSE:DIS) is a U.S.-based entertainment giant that produces films, TV shows, and digital content, and operates theme parks, resorts, and media networks worldwide, delivering storytelling, family entertainment, and immersive experiences across multiple platforms.

While we acknowledge the risk and potential of DIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DIS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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