OpenAI Launches New Product Amidst Fierce AI Competition

• OpenAI CEO Sam Altman announced a new product launch today, sharing an AI-generated photo on X.
• The launch comes as OpenAI faces intense competition in the AI image generator market from Google's Gemini (Nano Banana Pro) and Chinese models.
• Google's Nano Banana Pro, powered by Gemini 3 Pro, offers superior speed, editing, character consistency, and integration with Google Search.
• OpenAI recently issued a 'code red' due to competition and partnered with Disney, allowing over 200 characters to be generated via Sora and ChatGPT.
• The Disney deal, worth $1 billion from Disney, prohibits the use of artists' likenesses or voices.

Why It Matters: OpenAI unveils new AI product amidst intense market pressure and strategic partnerships.