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.
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.
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.
Nissan plans to export U.S.-built vehicles to Japan, joining Toyota and Honda in reversing traditional trade flows. The move reflects shifting global production strategies in the auto industry.
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Apple introduced M5 Pro and M5 Max chips alongside updated MacBook Pro models focused on peak performance and on-device AI. The company also launched new Studio Displays, refreshed the iPad Air with M4, and revealed the iPhone 17e starting at $599.
Apple’s market capitalization has climbed back to $4 trillion, returning the company to second place among the world’s most valuable corporations. While rivals pour hundreds of billions into artificial intelligence, Apple’s restrained approach is winning investor approval.
OpenAI is quietly developing a new social network and considering biometric identity verification to combat bots, according to Forbes. The platform may use Worldcoin’s iris-scanning Orbs or similar technologies to ensure users are real people.
Southwest Airlines reported a sharp improvement in fourth-quarter performance and outlined broad strategic changes aimed at boosting profitability. Management said the initiatives are already translating into stronger financial momentum heading into 2026.
Microsoft shares plunged as much as 12% in a single session after earnings revealed soaring AI infrastructure costs and heavy reliance on OpenAI-linked cloud contracts. The drop marked one of the company’s sharpest declines since 2020.
Tesla will discontinue production of its Model S and Model X vehicles and convert its Fremont factory to manufacture Optimus humanoid robots. Elon Musk said the transition will begin in the second quarter, with long-term output targeted at up to one million robots annually.
Tether has accumulated roughly 140 tonnes of physical gold worth about $23 billion, making it the world’s largest private holder of the metal. The stablecoin issuer is buying up to two tonnes per week as it positions itself as a gold-backed financial powerhouse.
Blue Origin introduced its TeraWave satellite communications network, promising data speeds of up to 6 terabits per second for enterprise clients. The constellation is set for deployment by 2027, positioning it as a high-capacity rival to Starlink.