Sam Altman arrived in Los Angeles for Vanity Fair’s Oscar afterparty earlier this month with OpenAI on the verge of licensing its Sora video generation tools to Hollywood studios, only to pull the plug on the project weeks later. According to the Wall Street Journal, Sora proved to be an expensive mistake.
A recent report from the Wall Street Journal provides further insight into OpenAI’s sudden decision to shut down its highly anticipated video-generation product that was positioned as the natural successor to ChatGPT’s breakthrough success. The decision caught major partners off guard, including Disney, whose chief executive Bob Iger had signed on to a vision that would have allowed users to create videos featuring iconic characters like Mickey Mouse and Darth Vader.
Disney executives learned of the shutdown less than an hour before it was publicly announced, leaving them shocked by the sudden reversal. What they did not know was
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