Disney’s AI ‘mediocrity’ is holding its stock back, activist says

An activist investor blasted Walt Disney Co. on Monday for its “mediocrity” on artificial intelligence and augmented reality and continued a campaign for seats on the media giant’s board of directors.Blackwells Capital said that Disney DIS, +0.50%faces “significant technological issues” that put it behind peers, advocating that the company establish a single chief technology officer to oversee tech efforts across all its sectors. The investor looked at big technolog