Categories: Business

OpenAI CEO Sam Altman Unveils Revolutionary Video-Generating Tool Sora, Aims to Partner with Hollywood Studios Amid Industry Disruptions

In February, OpenAI CEO Sam Altman unveiled Sora, a new video-generating tool that could potentially revolutionize the movie industry. The tool creates realistic videos based on user prompts and can be up to a minute long with complex scenes, specific types of motion, and accurate details.

Altman recently met with executives from Paramount, Universal, and Warner Bros Discovery in hopes of convincing them to use this new technology in their production process. While some studios have shown interest in utilizing Sora, no formal agreements have been made yet.

However, Altman is now in discussions with Hollywood executives to assure them that Sora will not destroy the industry. This move comes after disruptions caused by major strikes from actors and writers against studios last year.

Sora has already released third-party videos showcasing its capabilities, including flying pigs and an underwater fashion show. Other competitors are also working on similar text-to-video tools such as Runway, Emu Video, and Lumiere by Google and Meta.

OpenAI has a global deal to train its models on its media brands’ reporting with the support of Axel Springer and Business Insider’s parent company. This partnership ensures further advancements in AI technology for the media industry.

Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

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