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A Quibi co-founder and the former boss of Sora are launching an AI video startup.

According to The Information, former DreamWorks co-founder (and co-founder of the quick bites video app) Jeffrey Katzenberg’s latest move is joining up with Bill Peebles, who left OpenAI after it pivoted away from the Sora team he was leading. The unnamed venture will apparently “train its own video models and try to win over filmmakers,” once it secures…

Sources (1)· Sep 11, 10:34 PM

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House Democrats urge Speaker Johnson to cancel recess to pass AI safeguards, citing ‘catastrophic’ riskBy Ellis Kim, Lauren Fox, CNN (CNN) — A group of House Democratic lawmakers is pressuring Speaker Mike Johnson to reconvene the chamber immediately and cancel an upcoming break to address what they describe as the “catastrophic risk posed by advanced artificial intelligence.” In a letter to the speaker, the Democrats cite potential threats, including

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California man charged in scheme to route over $300 million in restricted AI servers to ChinaA California man, Greg Lui, was arrested for allegedly orchestrating a scheme to route over $300 million in export-controlled Nvidia-powered servers to China through Malaysia and Singapore – violating U.S. export-control laws. Lui, CEO of Earthmade Computer Inc., is charged with conspiracy to violate export controls, outbound smuggling and money…