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OpenAI to wind down Sora video platform as Altman shifts focus to scaling efforts

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Top stories today:

  1. OpenAI’s Sora winds down as Altman shifts focus to scaling efforts
  2. Arm unveils AGI CPU AI chip, with Meta, OpenAI as early customers
  3. Anthropic adds “auto mode” to Claude Code for permission decisions
  4. SpaceX to file IPO as early as this week, targeting $75B+ raise
  5. Amazon acquires Fauna Robotics, maker of human-like service robots
  6. OpenAI set to raise additional $10B, taking funding “north of $120B”

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

No major events this week.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. OpenAI to wind down Sora video platform as Altman shifts focus to scaling efforts

OpenAI has announced plans to invest $1B in AI causes in 2026 via its nonprofit arm and named key hires

Athyna's Salary Report breaks down real salary data across AI, Tech, Data, Design, and more—so you can see exactly where the savings are.

The numbers might surprise you.

*Disclaimer: We have equity in Athyna.

3. Arm unveils AGI CPU AI data center chip, with Meta, OpenAI as early customers

The chip delivers 2×+ performance per rack vs. x86 systems, Arm said:

The chip includes up to 136 Arm Neoverse V3 cores, with 6GB/s memory bandwidth per core at sub-100ns latency

  • ~300W TDP with a dedicated core per program thread.

  • Supports 1U servers, with up to 8,160 cores per rack (air-cooled) and 45K+ cores (liquid-cooled).

4. Anthropic adds “auto mode” to Claude Code for permission-level decisions

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