OpenAI Shuts Down Sora, Cancels $1B Disney Deal: Strategic Pivot to Enterprise Productivity Tools
OpenAI announced on March 24th the closure of its AI video generation platform Sora and the termination of its $1 billion partnership agreement with Disney. CEO Sam Altman stated that the company will shift its strategy towards enterprise level productivity tools and coding tools, and the Sora team will turn to world simulation research for long-term development of robotics technology, in preparation for the planned IPO.
Elon Musk Unveils $25B Terafab Chip Project: Sequoia Partner Declares "xAI Will Win"
On March 22, Musk officially announced the Terafab chip manufacturing project in Austin, Texas, with a joint investment of $25 billion from Tesla, SpaceX, and xAI. The goal is to produce chips that support 100-200 gigawatts of Earth computing power and 1 terawatt of space computing power annually. Sequoia Capital partner Shaun Maguire publicly supports it, asserting that 'xAI will win the AI race'.
Jensen Huang GTC 2026 Keynote: NVIDIA Unveils "Physical AI" Architecture — Bridging the Gap Between Digital Intelligence and the Real World
At the NVIDIA GTC 2026 keynote in San Jose, CEO Jensen Huang unveiled the company's comprehensive "Physical AI" architecture, marking a paradigm shift from generative AI to AI that understands and interacts with the physical world. The announcement includes the new Vera Rubin platform, the Cosmos world foundation model family, the Alpamayo reasoning model for autonomous vehicles, and the Newton physics engine — together forming NVIDIA's vision for AI that comprehends gravity, friction, and inertia to power the next generation of robotics and autonomous systems
Lyte Secures $107M in Fresh Funding to Accelerate Physics-Based AI Perception Systems for Real-World Robotics
On January 14, 2026, Lyte — the stealth-to-scale startup building physics-native AI perception — announced a massive $107 million Series B round led by Khosla Ventures, with participation from Sequoia Capital, Andreessen Horowitz, and new backers including NVIDIA's NVentures and Toyota Ventures. The capital will turbocharge development of Lyte's core "Physics Engine Perception" stack, which fuses real-time physical simulation with multimodal sensing to enable robots to understand and interact with the physical world at human-level intuition. This round brings Lyte's total funding to $162M and positions it as the hottest physics-AI play in the robotics renaissance.
Dexmal's "Mind's Engine" Secures $1B+ in Mega-Rounds, Backed by Alibaba and NIO Capital, Defining New Frontiers of Embodied AI
Chinese embodied AI startup Dexmal (原力灵机) has secured nearly 10 billion RMB (approx. $1.4 billion USD) across two massive funding rounds led separately by Alibaba Group and NIO Capital. This colossal investment, one of the largest globally in AI for 2025, fuels the company's ambitious mission to develop a "one brain for all" general-purpose cognitive engine for robots and autonomous systems, signaling a fierce new battleground in the global race for advanced embodied intelligence.
