OpenAI said Tuesday it would discontinue Sora, its AI video app, roughly six months after launch. The company also said it would shutter the Sora API that allowed developers and Hollywood studios to access the text-to-video model.
The move shows how the ChatGPT-maker is trying to focus its efforts ahead of a planned IPO. OpenAI’s chief financial officer, Sarah Friar, said in an interview with CNBC Tuesday that OpenAI needs to be “ready to be a public company.”
Since ChatGPT’s launch, CEO Sam Altman has run the company like Y Combinator, the Silicon Valley incubator he used to lead,
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