Is OpenAI’s Sora a Threat to Meta? Analyst Weighs In
OpenAI's Sora, a new AI-powered video generator app, has quickly risen to the top of Apple's App Store, surpassing competitors like Alphabet's Gemini and OpenAI's own ChatGPT. The app, which allows users to create 10-second videos from text prompts, has sparked debates about deepfakes and copyright issues, while also raising concerns about its potential impact on Meta's Instagram and Facebook.
Cantor Fitzgerald analyst Deepak Mathivanan, ranked among the top analysts on TipRanks, dismisses these concerns, asserting that Meta is well-equipped to handle the competition. His confidence in Meta's resilience highlights the ongoing battle for dominance in the social media and AI spaces.