Chinese startup ShengShu raises $293 million to advance artificial general intelligenceFounded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model wh...
ETtech Explained: AI race in focus as ByteDance hits play on AI video creatorByteDance introduced Jimeng AI, a text-to-video generative app, limited to China. The app, developed by Faceu Technology, allows users to c...
ByteDance joins OpenAI's Sora rivals with AI video app launchSince Microsoft-backed OpenAI unveiled in February its text-to-video model Sora, which is not open for public use yet, Chinese companies ha...