Walt Disney (DIS) CEO Josh D’Amaro has seen two billion-dollar technology bets falter within one week into his new job at the company, Christopher Palmeri and Thomas Buckley of Bloomberg reports. Epic Games recently announced it was laying off 1,000 employees after new versions of its video game ‘Fortnite’ failed to connect to fans. Disney made a $1.5B investment in Epic two years ago. A little later, OpenAI announced it was shutting down its AI video generator Sora and was ending a partnership with Disney that would have seen the company make a $1B investment in OpenAI.
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