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Katzenberg and Ex-Sora Head Bill Peebles Launch AI Video Startup for Filmmakers

Summary

The Information reports Dreamworks co-founder Jeffrey Katzenberg is teaming with Bill Peebles — who led OpenAI's Sora video model until leaving earlier this year — and former Dropbox CFO Sujay Jaswa to launch a new startup training AI video models purpose-built for filmmakers. Katzenberg and Jaswa are co-founders of investment firm WndrCo, which has previously backed enterprise AI. Terms, funding size, and lead investors were not disclosed in the initial report.