OpenAI Shuts Down Sora Video Model Amid Soaring AI Costs
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
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Daily edition25Mar 2026
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In brief Markets
Micron Shares Fall Despite Strong AI-Driven Earnings
Micron shares fall after earnings as investors weigh valuation and supply risks despite strong AI-driven growth.
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Story of the Day MarketsSpaceX Prepares IPO Filing That Could Value Company Above $1.5 Trillion
SpaceX is preparing to file for an initial public offering as soon as this week, with reports suggesting a potential raise of over $75 billion. The listing could become one of the largest IPOs in history.
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Meta Targets $9 Trillion Valuation With New Executive Incentive Plan
Meta has introduced a new executive incentive program tied to a $9 trillion valuation target. The move underscores its aggressive push to lead the artificial intelligence race.
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