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OpenAI Reportedly Developing Next LLM Codenamed 'Spud' — Mentioned Alongside Sora Shutdown and IPO Pivot
Latent Space's AINews roundup reports OpenAI is developing its next LLM codenamed 'Spud', disclosed alongside the Sora shutdown and broader pivot from consumer hype to enterprise reality as OpenAI prepares for IPO. Axios confirmed OpenAI is ending Sora, ChatGPT shopping, and preparing for IPO — prioritizing capital, chips, and enterprise products over experimental bets. Single-source claim on the 'Spud' codename specifically, but the strategic context (compute cost rationalization, Sora download plunge of 75% from November peak) is well-documented across Bloomberg, Fortune, and CNN.
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