The AI sector is experiencing significant growth, highlighted by the development and impact of OpenAI's Sora. Chinese developers of Sora have received praise for their efforts, contributing to a frenzy around the AI model, which has been both lauded and met with apprehension. The foundational technology behind Sora, Diffusion Transformer (DiT), has led to the creation of OpenDiT, an open-source system aimed at enhancing DiT training and inference efficiency. This period has also seen a surge in AI startup funding, with over $360 million raised by 12 startups in a single day, and a notable increase in the AI crypto sector's valuation by $10 billion in just 17 days, coinciding with Sora's reveal, representing a 142.79% increase. Additionally, India's AI market is projected to reach $17 billion by 2027, with the country hosting over 70 generative AI startups. The global AI landscape is being pushed forward by 335 startups across 50 categories, all focusing on generative AI. Sam Altman's $7 trillion AI investment quest with Sora at the forefront highlights the massive financial stakes in the AI industry.