💻 Technology
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The Verge
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OpenAI Kills Sora, Scraps $1 Billion Disney Deal in Dramatic U-Turn
OpenAI announced on Tuesday that it would shut down its video-generation app Sora and reverse plans for video inside ChatGPT. The company also cancelled a $1 billion deal with Disney and reshuffled a senior executive's role. All of these major changes came within a single day, stunning the tech industry.
On Tuesday morning, everything was business as usual at OpenAI. By the end of the day, the company had announced that it would scrap its video-generation app, Sora, and reverse plans for video generation inside ChatGPT; it would wind down a $1 billion Disney deal; it would shuffle the role of a high-level executive; and [ #8230;]