Jeffrey Katzenberg’s new AI-video startup is reportedly in discussions to leverage OpenAI’s shelved video-generation model, Sora. The startup, co-founded with Bill Peebles, former OpenAI Sora lead, and Sujay Jaswa, former Dropbox CFO, aims to offer solutions for professional filmmakers. This potential collaboration would allow the startup to customize and commercialize the Sora model, possibly involving an equity stake from OpenAI. While the startup remains unnamed, this move could signal a revitalization of OpenAI’s video initiatives and positively influence the company’s valuation by year-end.
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