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OpenAI Shuts Down Sora, Disney Exits $1B OpenAI Investment Deal
OpenAI is shuttering its Sora video generation app and API just six months after launch, citing high compute costs and a need to refocus ahead of a prospective IPO. The shutdown killed Disney's $1B investment deal that would have given Sora access to 200+ Disney, Marvel, Pixar, and Star Wars characters. Multiple outlets (Hollywood Reporter, CNN, Bloomberg, Variety) confirmed the news simultaneously, signaling this was a coordinated announcement.
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