tech
Alibaba just revealed it’s behind a viral AI video model dominating leaderboards
A mysterious AI video model that has ascended global leaderboards has been confirmed as a project under Alibaba.
TL;DR
- Alibaba has confirmed it is behind the AI video model HappyHorse-1.0.
- HappyHorse-1.0 quickly climbed to the top of global leaderboards for text-to-video and image-to-video generation.
- The model is part of Alibaba's ATH AI Innovation Unit and is still under development.
- The revelation boosted Alibaba's stock by 2.12% on Friday.
- Alibaba is expanding its AI offerings, building on its Qwen large language model.
- Competitors OpenAI and ByteDance have faced setbacks in video generation.
- AI development is a top priority for Alibaba's CEO, Eddie Wu.