VCs are betting billions on AI's next wave, so why is OpenAI killing Sora?

Equity breaks down why OpenAI pulled the plug on Sora, what Meta’s back-to-back legal losses mean, and more of the week's headlines.

VCs are betting billions on AI's next wave, so why is OpenAI killing Sora?

TL;DR

  • An 82-year-old woman refused a $26 million offer from an AI company for her land, indicating real-world pushback against AI infrastructure.
  • OpenAI has shut down its Sora app, highlighting the challenges within the AI hype cycle.
  • Courts are beginning to hold social media platforms accountable.
  • The episode of TechCrunch's Equity podcast will discuss these issues, along with VC funding, drone startup success, and legal verdicts against Meta.