Your Slides Just Designed Themselves

This week, OpenAI killed its flashiest product, a new AI design agent wants to replace your Canva workflow, and ChatGPT finally learned how to remember your files.

The Big Story

OpenAI Shuts Down Sora: The AI Gold Rush Claims Its First Major Casualty

OpenAI announced on March 24 that it is shutting down Sora, its AI video generation app that launched just six months ago. The app hit #1 in the App Store within 24 hours and reached 1 million downloads in under five days. By November 2025, users were generating 10-11 million videos per day. Then the numbers fell off a cliff: downloads dropped 75% by February, and the app's total lifetime revenue came in at just $2.1 million. Meanwhile, GPU costs were running an estimated $15 million per day.

The most dramatic detail: OpenAI had a $1 billion Disney partnership on the table to bring Marvel, Pixar, and Star Wars characters to Sora. The Disney team learned the deal was dead 30 minutes after a routine planning meeting. No money had changed hands.

My take: This is not just a product shutting down. It is the clearest sign yet that the "give it away for free and figure out the business later" era of AI is ending. OpenAI is preparing for a $730 billion IPO, and burning $450 million a month on a consumer toy is not the look they want. For anyone using AI tools at work, the lesson is simple: if a tool does not have sustainable economics, it can vanish overnight. Check your workflows and have a backup plan. Alternatives like Runway, Pika, and Kling remain operational, but none are guaranteed to stick around forever either.

Tool of the Week: Moda

What it does: An AI design agent that creates fully editable presentations, social posts, ads, and visual assets on a layered canvas. You describe what you want, Moda builds it, and you can edit every element individually.

Why it matters this week: Moda launched publicly on March 24 with a $7.5M seed round led by General Catalyst, with backing from WndrCo (Jeffrey Katzenberg's firm) and Dropbox co-founder Arash Ferdowsi. Founded by ex-Dropbox PM Anvisha Pai, it is positioned as a Canva alternative built from scratch for AI-first design.

The key difference from Canva: instead of picking a template and tweaking it, you describe what you need in plain English. Moda's AI agent generates the entire design on an editable vector canvas. Every text block, shape, and image is a real, movable layer. You can iterate with the AI ("make the headline bigger, add a chart on slide 3") or manually fine-tune anything yourself. It also learns your brand identity from your website, Google Drive, or existing slide decks.

How to use it:

Go to moda.app and create a free account
Upload your brand assets or point Moda at your company website to auto-detect your colors, fonts, and logos
Type what you need: "Create a 10-slide sales deck for our Q1 results" or "Make an Instagram carousel for our new product launch"
Edit the result layer-by-layer on the canvas, or chat with the AI to refine
Export as PowerPoint, Google Slides, PDF, or PNG

Pricing: Free tier gives you 1,000 AI credits/month (enough for roughly 2 full decks or 8-10 social posts). Pro is $30/month with 6,000 credits and the higher-quality AI model. Ultra is $100/month for teams with SSO and unlimited brand kits.

Link: moda.app

Quick Picks

ChatGPT Library Tab: OpenAI added persistent file storage to ChatGPT. Upload once, reference forever across any new chat. Available now for Plus, Pro, and Business subscribers. 512MB per file limit.
Anthropic's Claude Mythos Leak: Fortune discovered Anthropic accidentally exposed details of "Claude Mythos," a secret model described as a "step change" in capability with unprecedented cybersecurity implications. A CMS toggle was left in the wrong position. Cybersecurity stocks dropped 3-7%.
Cohere Transcribe: New open-source speech recognition model that tops the Hugging Face ASR leaderboard with 5.42% word error rate, beating Whisper, ElevenLabs, and Zoom Scribe. Supports 14 languages. Free via API.

Deal Alert

Moda's free tier gives you 1,000 AI credits per month at no cost, permanently. That covers roughly 2 full slide decks or 8-10 social media posts. No credit card required. If you are paying for Canva Pro ($13/month) primarily for AI features, Moda's free plan is worth testing as a replacement for your presentation workflow. Sign up at moda.app.

Pro Tip

The "File Once, Reference Forever" Setup

ChatGPT's new Library feature quietly solves one of the most annoying problems for anyone who uses AI daily: re-uploading the same documents every time you start a new chat. Here is how to turn it into a persistent work assistant in under 5 minutes:

Open ChatGPT and click the new Library tab in the sidebar
Upload your 5 most-used work documents: brand guide, product brief, company FAQ, pricing sheet, and your latest project plan
Start any new chat and ask: "Using my brand guide and pricing sheet, write a LinkedIn post announcing our Q2 pricing update"
ChatGPT now references your uploaded files automatically, no re-uploading needed

The files persist until you manually delete them, even if you delete the original chat. This turns ChatGPT from a tool you ask one-off questions into a context-aware assistant that knows your business. Available now for Plus ($20/month), Pro ($200/month), and Business subscribers.

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