OPENAI'S SORA APP IS STRUGGLING AFTER ITS STELLAR LAUNCH
OpenAI's Sora video-generation app experienced a dramatic decline after its stellar October launch, with downloads dropping 32% in December and 45% in January despite initially reaching 1 million downloads faster than ChatGPT. Consumer spending also fell 32% month over month in January, with the app dropping from the top spot in the US App Store to No. 101 overall. The decline is attributed to increased competition from Google's Gemini and Meta AI, as well as ongoing copyright infringement issues.