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 · 2026-03-28 12:57:07 · OpenAI
In a single day, OpenAI executed a dramatic strategic reversal, abruptly terminating its Sora video-generation application and scrapping plans to integrate the technology into ChatGPT. The sudden pivot, which also included winding down a major $1 billion deal with Disney, signals an intense internal scramble to curb ma...
The Lab · 2026-04-01 20:57:03 · Decrypt
Google has launched its most affordable AI video generation model yet, Veo 3.1 Lite, cutting API costs in half for developers. The strategic release comes just days after OpenAI unexpectedly pulled its competing Sora model from the market, creating a sudden vacuum in the accessible, high-quality video AI space. This mo...