Barbie's parent company Mattel has teamed up with OpenAI. While details are still under wraps, the first AI-powered product is expected to drop later this year.
Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday.
Mattel reportedly teamed with OpenAI to weave artificial intelligence into its products. [contact-form-7] The toymaker, whose brands include Barbie and Hot Wheels, signed a deal to use OpenAI's tools and could create digital assistants based on Mattel characters, Bloomberg reported Thursday (June 12).
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and OpenAI today announced a strategic collaboration to support AI-powered products and experiences based on Mattel's brands. The agreement unites Mattel's and OpenAI's respective expertise to design, develop, a...
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), the leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that acclaimed filmmaker Gerard Johnstone (M3GAN 2.0) is set to direct Monster High, a live-action theatrical film, developed in partnership with Universal Pictures and Academy Award-winning fi...
Mattel, Inc. shares are now cheap enough to warrant a small position, despite limited growth prospects and lack of dividend. The new Mattel Studios could add value, but history suggests such ventures often destroy shareholder wealth. Financials show modest revenue growth and increased losses, but the capital structure is strong, and bankruptcy risk is low.
Toy maker Mattel is combining its film and television units to form Mattel Studios, it said on Monday, as the company seeks to produce entertainment driven by its brands and potentially repeat the commercial success of the "Barbie" movie.
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