Peter Dawell and Nora Kane talk about Sora, OpenAI's new text-to-video AI model. Sora generates photorealistic videos from text descriptions and offers features such as animation and remixing of existing videos. Access to Sora is currently limited, but a wider release is planned. The sources discuss Sora's abilities, possible applications in various industries, and potential risks such as the spread of misinformation. Additionally, alternative text-to-video models are mentioned.