Reorg, SPUD Model, and Super App Strategy

OpenAI is abandoning Sora to do the big refocus they’ve been signaling. Meta is starting to rack up the losses in court. Is China going to block the Manus acquisition by Meta from going through? They’re not even letting the founders leave the country. And interesting raises from vertical AI startups.

• OpenAI Scraps Sora Video Platform Months After Launch (WSJ)
• Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules (CNBC)
• Supreme Court Sides With Internet Provider in Copyright Fight Over Pirated Music (NYTimes)
• China reviews $2bn Manus sale to Meta as founders barred from leaving country (Financial Times)
• AI Notetaker Granola Hits $1.5 Billion Value in $125 Million Funding (Bloomberg)

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