According to BlockBeats, the price of LPT has surged over 44% in the past 24 hours, reaching $11.51. This comes after Livepeer announced their collaboration with OpenAI on the Sora generative video AI model. The partnership aims to bring impressive demonstrations and advancements in AI video technology to the Livepeer network in the coming months.

As part of Livepeer's AI video initiative, the community is working to provide affordable and open access points for developers, creators, and users to engage in exciting activities related to generative video. This collaboration with OpenAI showcases the progress made on the Sora generative video AI model, which is expected to enhance the Livepeer network's capabilities and offerings.