The Lab · 2026-03-26 02:57:09 · Inc42
OpenAI has abruptly terminated its standalone text-to-video app, Sora, marking a sudden end to its high-profile push into consumer AI video. The shutdown follows a severe collapse in the app's core economics and a series of damaging public and legal controversies that turned the project into a liability.
The failure w...
The Lab · 2026-03-31 00:56:57 · The Verge
Rec Room, the social gaming platform once valued at $3.5 billion, is shutting down on June 1st. The closure comes despite the service amassing over 150 million players and creators, a stark admission that viral growth and a massive user base were insufficient to build a viable business. In a candid blog post, the compa...
The Vault · 2026-03-31 20:27:17 · TechCrunch
Yupp.ai, a startup that crowdsourced feedback for AI models, is shutting down less than a year after its launch. The closure comes despite the company securing a significant $33 million funding round led by high-profile investors, including Chris Dixon of Andreessen Horowitz's crypto fund, a16z crypto. This rapid shutd...
The Lab · 2026-04-03 17:57:13 · Decrypt
The decentralized email service Dmail is shutting down, a casualty of unsustainable infrastructure costs and failed attempts to build a viable business model. After five years of development, the project's team conceded defeat, highlighting the harsh economic realities facing many Web3 infrastructure projects that prom...