Tags: technology industry

OpenAI Pulls Plug on Sora Video AI Amid Cost Concerns

OpenAI Pulls Plug on Sora Video AI Amid Cost Concerns TechCrunch
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