Alibaba's new AI video model beats ByteDance's in ranking

Alibaba's new AI video model, HappyHorse-1.0, has surpassed ByteDance to rank first in text-to-video and image-to-video categories. Despite an anonymous launch, the viral model may soon be deployed to enterprise clients. This advancement underscores intensifying competition in China's AI sector and aligns with Alibaba's continued triple-digit growth in AI product revenue.