Stedi's $70M Series B to Build the Only AI-Enabled Clearinghouse
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OpenAI Shuts Down Sora, Refocuses on Code AGI and Model Spud
OpenAI **discontinues Sora and all video generation products** to redeploy compute resources toward competing with Anthropic in enterprise coding and knowledge work. CEO Sam Altman **narrows his role to focus on capital, supply chains, and data centers**; Fiji Simo's product division becomes 'AGI Deployment' team. New model 'Spud' completes pre-training with expectations to 'accelerate the economy'; **Disney cancels $1B investment partnership** following Sora shutdown.