A Quibi co-founder and the former boss of Sora are launching an AI video startup.

According to The Information, former DreamWorks co-founder (and co-founder of the quick bites video app) Jeffrey Katzenberg’s latest move is joining up with Bill Peebles, who left OpenAI after it pivoted away from the Sora team he was leading.

A Quibi co-founder and the former boss of Sora are launching an AI video startup.

TL;DR

  • Jeffrey Katzenberg, co-founder of Quibi, is launching a new AI video startup.
  • He is partnering with Bill Peebles, who left OpenAI after the Sora team he led was changed.
  • The startup intends to train its own video models and target filmmakers.
  • The venture aims to learn from previous mistakes and secure funding.