Jeffrey Katzenberg, Bill Peebles and Dropbox’s former CFO Sujay Jaswa plans to train its own video models and target filmmakers and studios directly. The still-unnamed company is in talks with potential investors to raise a significant but undisclosed amount. The venture comes after OpenAI shut down Sora earlier this year, in part because of its high costs and computing requirements.

By Hugo Noirtault

Founder of Stack Chronicle and a journalist with experience across several local and national radio stations (including RTL2, Hit West, Euradio and Figaro Radio in France, and WDET in Detroit, Michigan), I began taking a deeper interest in technology in the wake of the COVID-19 pandemic. I quickly realised, that few media outlets were building meaningful connections between technology, AI, finance, politics and environmental issues. That observation led to the creation of Stack Chronicle: a publication designed to help both curious readers and more informed audiences understand the technological transformations shaping our world.