OpenAI discontinued its AI video‑generation tool Sora just six months after launch. The service peaked at roughly one million users before falling below half a million, while burning about $1 million daily in compute costs. Facing a costly, under‑utilized product and competition from Anthropic’s Claude Code, CEO Sam Altman decided to shut Sora down, freeing resources for other projects. A planned $1 billion partnership with Disney also collapsed when the shutdown was announced. Read more →

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 →

ByteDance announced that its new AI-powered audio and video model, Dreamina Seedance 2.0, is now available in the CapCut editing app. The model lets creators generate and edit short video clips using text prompts, images or reference footage, and supports a range of content types from cooking tutorials to action‑focused videos. The initial rollout covers several markets in Latin America and Southeast Asia, with plans to expand further. Safety features include restrictions on real‑face generation, intellectual‑property safeguards and an invisible watermark to identify AI‑created content. Read more →

OpenAI has added a ChatGPT Library feature that lets users store, search, and retrieve files uploaded within the chat interface. The capability is available to Plus, Pro, and Business subscribers who pay at least $20 per month and must be online to access their files. Users can browse a left‑hand sidebar, filter by file type, and delete items, which are removed within 30 days unless retained for security or legal reasons. The rollout accompanies broader product updates, including faster coding models, a planned super‑app desktop interface, and the discontinuation of the Sora video app. Read more →

OpenAI announced it will shut down its Sora video‑generation app and API, a move that also ends the high‑profile licensing partnership with Disney. Executives said the decision follows internal discussions about research priorities and resource allocation, noting that Sora required extensive compute power that limited other teams. The company reiterated its focus on core products such as ChatGPT, Codex and the AI browser, while hinting at a forthcoming “superapp” strategy. The announcement caught many employees by surprise and signals a shift away from experimental side projects toward practical adoption. Read more →