OpenAI announces the closure of Sora, ending the $1 billion collaboration with Disney
OpenAI announced the closure of the AI video generation platform Sora's application and API, citing that the company will shift its focus to world simulation research to advance robotics technology. Sora debuted in February 2024 as a text-to-video tool, later expanding into an independent social video platform, and added a "cameos" feature for users to embed AI scenes, but the daily operating costs reached approximately $15 million.
The closure decision simultaneously terminated a major collaboration—Disney had originally planned to invest $1 billion to license OpenAI to use over 250 Disney characters to create AI videos. Disney stated that it respects OpenAI's decision and will continue to explore other AI collaboration opportunities. OpenAI emphasized that the AI image generation feature within ChatGPT will not be affected and will announce the timeline for the closure of the application and API, as well as the user data retention plan.
You may also like

Slow Down, That's the Answer to the Age of the Agent

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

Who will own the most Bitcoin in 2026

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

2% user contribution, 90% trading volume: The real picture of Polymarket

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers

Iran War Stalemate: What Signal Should the Market Follow?

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?

Insider Trading Alert! Will Trump Call a Truce by End of April?

After establishing itself as the top tokenized stock, does Ondo have any new highlights?

