Tag: CHINESE TECH COMPANIES

Chinese tech firms, notably Tencent and Alibaba, are pioneering the open-sourcing of AI video generation models. Tencent has released a text-to-video model, while Alibaba’s Wan 2.1 ranks highest on the VBench Leaderboard. StepFun is set to follow suit by open-sourcing related models. The open-sourcing trend aims to enhance accessibility despite challenges in computational demands. The…