OpenAI announced the closure of its Sora video app and related models just six months after launch, signaling a strategic pivot toward enterprise and productivity tools. Industry insiders on TechCrunch’s Equity podcast described the move as a sign of maturity, while also noting it serves as a reality check for the hype surrounding AI‑generated video. Concurrently, ByteDance’s planned rollout of its Seedance 2.0 video model has been delayed due to technical and legal challenges, underscoring broader uncertainties in the AI video space. Read more →