Auto-Filling SEO Website as a Gift

Launch Your AI-Powered Business and get clients!

No advertising investment needed—just results. AI finds, negotiates, and closes deals automatically

Feb. 26, 2025, 7:16 a.m.
158

Alibaba Open Sources AI Models to Enhance Competition in Video Generation

On Wednesday, Alibaba announced that it is making its video generation artificial intelligence models available for free, intensifying competition with rivals such as OpenAI. The Chinese tech giant revealed that it is open sourcing four models from its Wan2. 1 series, which represents the latest iteration of its foundational AI model capable of generating images and videos based on text and image inputs. These models will be accessible through Alibaba Cloud's Model Scope and Hugging Face, a prominent hub for AI models. This initiative will benefit academics, researchers, and commercial institutions worldwide. Following the announcement, Alibaba's shares listed in Hong Kong rose nearly 5%. The significance of open-source AI technology has surged into public attention since the Chinese company DeepSeek impacted global markets in January, claiming its AI model was trained at a fraction of the costs incurred by leading AI companies and utilized less advanced Nvidia chips. Similar to DeepSeek's offering, Alibaba's model is also open source, allowing others to download and modify it. Open-source models differ from proprietary ones, such as those produced by OpenAI, which do not directly generate revenue for companies. Open sourcing technology has several benefits, including fostering innovation and cultivating a community around a product. There is ongoing debate about whether AI models will be commoditized in the future. Chinese companies, particularly, have accelerated the development of open source models, with Alibaba's and DeepSeek's offerings becoming some of the most utilized globally.

Alibaba released its first open-source model in August 2023, and Meta is at the forefront of open source efforts in the U. S. with its Llama models. Alibaba's stock has seen remarkable growth this year, with its Hong Kong listing gaining 66% in 2025 so far, driven by the company's improved financial performance, its standing as a prominent AI player in China, and recent indications of increased support for the domestic private sector from Chinese President Xi Jinping.



Brief news summary

On Wednesday, Alibaba launched four free video generation AI models from its Wan2.1 series, intensifying competition with companies like OpenAI. These open-source models enable users to generate images and videos from text and image inputs and will be accessible via Alibaba Cloud's Model Scope and Hugging Face, aiming at a global audience of academics, researchers, and businesses. Following the announcement, Alibaba's shares rose nearly 5% in Hong Kong. Unlike proprietary options from competitors, Alibaba's models allow users to download and customize the technology. This open-source movement in AI is accelerating, with Chinese rival DeepSeek also working on more affordable models. This trend could lead to the commoditization of AI models, positioning Alibaba and DeepSeek as key players. Additionally, Alibaba's stock performance has improved this year, signaling its increasing impact on China's AI landscape, bolstered by recent support from President Xi Jinping for the private sector.
Business on autopilot

AI-powered Lead Generation in Social Media
and Search Engines

Let AI take control and automatically generate leads for you!

I'm your Content Manager, ready to handle your first test assignment

Language

Learn how AI can help your business.
Let’s talk!

Hot news

June 26, 2025, 2:22 p.m.

Congress Advances Key Crypto and Stablecoin Legis…

Recent legislative advances mark a significant step toward regulating digital currencies in the United States, notably with the Senate’s progression of the GENIUS Act and the House Financial Services and Agriculture Committees’ markup of the CLARITY Act.

June 26, 2025, 2:17 p.m.

Tech Lobby Group Urges EU Leaders to Pause AI Act

The tech lobbying group CCIA Europe, representing major companies like Alphabet, Meta, and Apple, has recently called on the European Union to pause the rollout of the AI Act.

June 26, 2025, 10:52 a.m.

Alephium: The Proof-of-Work Blockchain That’s Cha…

In a crowded Web3 environment dominated by similar EVM blockchains, Alephium distinguishes itself with a bold Swiss Layer 1 approach that combines the security of Proof-of-Work, scalability through sharding, an intuitive user experience, and an innovative energy model.

June 26, 2025, 10:39 a.m.

The End of Publishing as We Know It

The rapid rise of generative artificial intelligence (AI), especially chatbots and AI-driven summary tools like Google's AI Overviews, has significantly disrupted traditional publishing and journalism.

June 26, 2025, 6:28 a.m.

Blockchain-driven platform to mimic stock trading…

Republic, a New York-based investment startup, is providing users with exposure to SpaceX by issuing a "tokenized" version of its shares.

June 26, 2025, 6:22 a.m.

AI Ethics: Navigating the Challenges of Autonomou…

As artificial intelligence (AI) systems advance and gain greater autonomy, ethical concerns surrounding their decision-making processes have come to the forefront.

June 25, 2025, 2:38 p.m.

U.S. Lawmakers Introduce Bill to Ban Chinese AI i…

A bipartisan group of U.S. lawmakers has introduced landmark legislation called the No Adversarial AI Act, aiming to ban Chinese artificial intelligence (AI) systems from use within the federal government.

All news