Disney Exits OpenAI Deal After AI Giant Shutters Sora

Source: The Hollywood Reporter

“In a surprise move, OpenAI will shut down its Sora AI video app, just months after it was first launched. ‘We’re saying goodbye to Sora. To everyone who created with Sora, shared it, and built community around it: thank you,’ the company said in a statement. ‘What you made with Sora mattered, and we know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on preserving your work.’ A source familiar with the matter tells The Hollywood Reporter that Disney is also exiting the deal it signed with OpenAI last year, in which it pledged to invest $1 billion in the company and agreed to license some of its characters for use in Sora.” (03/24/26)

https://www.hollywoodreporter.com/business/digital/openai-shutting-down-sora-ai-video-app-1236546187/