OpenAI to Shut Down Sora Video App, Derailing $1 Billion Deal with Disney

In brief

• OpenAI says it will shut down the Sora AI video-generation app and API.
• Sora evolved from a text‑to‑video tool tied to ChatGPT into a full‑blown social video platform.
• The shutdown also appears to end a reported $1 billion Disney investment tied to licensing major characters.