"OpenAI's Text-to-Video Model Sparks Rally in AI-Related Crypto Assets"
OpenAI launches Sora, a text-to-video AI model, causing a surge in AI-related crypto assets Livepeer (LPT) and SingularityNET (AGIX). Both assets have since retraced but are trading higher. Livepeer aims to integrate text-to-video technology into its network as part of its AI Video initiative in the coming months, providing affordable and open access to developers and creators.