There are multiple AI video models and tools on the market at the moment, with Runway already coming up to a year since its public launch and Pika Labs expanding into sound effects and lip synced dialogue in partnership with ElevenLabs. None of them, including the very realistic Stable Video Diffusion clips, seem to come close to what is possible with Sora.
Source: These 5 new Sora videos take GenAI to the next level