VCs are betting billions on AI’s next wave, so why is OpenAI killing Sora?


When an 82-year-old Kentucky woman wasoffered $26 millionfrom an AI company that wanted to build a data center on her land, she said no. Sure, that same company can try to rezone2,000 acresnearby anyway, but as AI infrastructure stretches further into the real world,the real world is starting to push back.

That tension is everywhere this week, fromOpenAI shutting down its Sora appto courts finally starting to hold social platforms accountable. On this episode of TechCrunch’sEquitypodcast,Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what it looks like when the AI hype cycle meets reality.

Listen to the full episode to hear about:

  • Why rival prediction market CEOs ofKalshi and Polymarket are co-investingin a $35M VC fund
  • How drone startups likeZipline,Lucid Bots, andBrincare finding real traction where other robotics plays have stalled
  • WhatKleiner Perkins’ $3.5B raisesays about where the biggest VC firms think the next AI wave is going
  • Why twoseparatecourt verdicts against Metain the same week could be the “tobacco moment” for social media

Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. Youalso canfollow Equity onXandThreads, at @EquityPod.

Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University.

You can contact or verify outreach from Theresa by emailing [email protected].

Anthony Ha is TechCrunch’s weekend editor. Previously, he worked as a tech reporter at Adweek, a senior editor at VentureBeat, a local government reporter at the Hollister Free Lance, and vice president of content at a VC firm. He lives in New York City.

You can contact or verify outreach from Anthony by emailing [email protected].

Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.

You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.

Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.

You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal.

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