According to The Information, Jeffrey Katzenberg, a former co-founder of DreamWorks and Quibi, is partnering with Bill Peebles, who recently left OpenAI after the company shifted focus away from the Sora video generation team he was managing.
The new venture aims to “train its own video models and try to win over filmmakers,” provided it secures the necessary funding. A notable advantage for the founders is that they have a long list of lessons learned from the past, specifically regarding what mistakes to avoid this time around.
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