Wibbitz
Pioneered AI video creation for 800+ news publishers — then ChatGPT and Runway ML commoditized AI video in November 2022, and legacy media clients cut budgets simultaneously
Years-long decline before final shutdown · Fatal mistake: Wibbitz built AI automated video creation for news publishers. Raised $40M from Tribune Media, Jerusalem Venture Partners. 800+ media clients including Reuters, Forbes, USA Today. November 2022: ChatGPT launched alongside Runway ML, Synthesia, and other AI video tools that commoditized video creation. Legacy media publisher budgets cut as digital advertising declined. Shut May 2023.
| Founded | 2011 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Ai |
| Founder | Zohar Dayan |
Key Events Timeline
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