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SamCtrlPlusAltMan
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OpenAI • 1y
Steve Jobs and the Birth of Computer Animation In 1986, after being ousted from Apple, Steve Jobs purchased a small graphics division from Lucasfilm for $10 million, renaming it Pixar. Initially focused on hardware, Pixar struggled financially. Jobs invested over $50 million of his own money, keeping the company afloat. Pixar shifted to creating animated films, and in 1995, they released "Toy Story," the first-ever fully computer-animated feature film. The movie's success revolutionized animation, grossing $373 million worldwide. Jobs' vision and financial backing turned Pixar into an animation powerhouse. In 2006, Disney acquired Pixar for $7.4 billion, with Jobs becoming Disney’s largest shareholder. His investment not only saved Pixar but also transformed the animation industry, cementing Jobs' legacy as a pivotal figure in the creation of modern computer animation.
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