00:00Just six months after Sora launched and quickly went viral, OpenAI is shutting down the AI video app as it
00:07pulls back on costs ahead of a potential IPO.
00:10The closure also kills the landmark deal with Disney, which had agreed to license over 200 characters and invest $1
00:18billion in OpenAI, with no money ever having changed hands.
00:22OpenAI says its Sora research team will pivot to world simulation research to advance robotics, while the company faces mounting
00:31competitive pressure from Anthropic and Google, which are now the dominant players in enterprise AI.
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