Chinese AI video generation startup Aishi Technology recently announced the completion of its Series A2 to A4 financing, raising nearly 300 million yuan. Previously, the Series A2 financing was funded by Ant Group, while the recent Series A3 and A4 rounds were co-invested by the Beijing Artificial Intelligence Industry Investment Fund, Guoke Investment, and Guangyuan Capital. This round of financing will primarily be used to enhance technological research and development capabilities, expand computing power resources, build a talent team, and accelerate product feature iteration and market coverage, thereby continuously promoting the widespread application of AI video generation technology.

Google has officially released its next-generation video generation model Veo2, aiming to compete with OpenAI's Sora. Google claims that Veo2 demonstrates higher realism and intricacy in video generation. This update not only enhances video quality but also improves understanding of real-world physics and the subtle nuances of human movement and expression. Google states that Veo2 has a better understanding of the physics of the real world as well as the nuances of human movement and expression.

Adobe is making a significant expansion into the artificial intelligence (AI) space, launching a brand new high-end video generation feature based on the tremendous success of the Firefly AI platform. According to the company, the Firefly platform has generated over 16 billion pieces of content since its launch, demonstrating its impact. In a fourth-quarter earnings call on December 11 (Wednesday), Adobe announced plans to launch AI video generation capabilities as a premium service in early next year. Currently, this feature is in a limited

OpenAI's video generation tool Sora has garnered significant attention since its launch, but where it draws its expertise from has remained a mystery. Now, a corner of that mystery seems to be revealed: Sora's training data likely contains a large amount of game live streams and tutorial videos from Twitch! Sora acts like a skilled 'master of imitation', capable of generating videos of up to 20 seconds long just from text prompts or images, and can handle various aspect ratios and resolutions. In February of this year, OpenAI first publicly introduced Sora.

The AI chat tool Kimi is currently beta testing its innovative feature 'Kimi Creation Space', an AI video generation service that has attracted widespread attention in the industry. According to Sina Technology, this feature is currently in a gray testing phase and provides users with a new way of creative expression. Insiders revealed that 'Kimi Creation Space' will be launched in the bottom area of the Kimi official website homepage. Users can create personalized music videos using 12 preset style templates and custom creation features. Notably, users will receive 100 seconds of free video generation each day.

Recently, researchers from ByteDance Research Institute and Tsinghua University jointly released a new study, pointing out that current AI video generation models, such as OpenAI's Sora, while capable of creating stunning visual effects, have significant flaws in understanding basic physical laws. This study has sparked widespread discussion on the capabilities of AI in simulating reality. The research team tested AI video generation models under three different scenarios: predictions under known patterns and predictions under unknown patterns.

Beijing Zhizhu Huazhang Technology Co., Ltd. announced that its CogVideoX series models have launched the latest version - CogVideoX v1.5, which is now open source. Since its release in early August, this series of models has become a leader in the video generation field due to its industry-leading technology and developer-friendly features. The new version, CogVideoX v1.5, has been significantly upgraded, enhancing video generation capabilities and now supports 5/10 second, 768P, 16-frame video generation.

Recently, Kling introduced a brand new "Custom Models" feature, a significant update that will thoroughly address the technical challenges of character consistency in AI video generation. Based on feedback from early testing users on the platform, this feature allows creators to upload 10 to 30 different video clips for model training, with each clip requiring at least 10 seconds. Unlike traditional models that rely solely on image training, KLING innovatively utilizes video materials as the training basis and even supports using AI-generated videos created by Kling for training.

Recently, AI video generation technology has garnered significant attention. To promote the development of this emerging field, Runway announced the establishment of a new film fund, planning to invest 5 million dollars to support the production of up to 100 original films. This is no small amount, especially for directors looking to leverage AI in their creative processes, as it presents a rare opportunity. Runway's '100 Film Fund' aims to finance projects that can apply their generative video models in the creative process.

Recently, Amazon unveiled a series of impressive generative AI tools at its 'Amazon Accelerate' event, aimed at providing a better shopping experience for consumers and third-party sellers. One of the most notable features is the personalized product recommendations displayed on the Amazon homepage, based on customer preferences, search history, and purchase records. This means that the previous method of simply recommending 'similar products' will be updated to offer a wider range of product categories tailored to users' shopping habits, such as holiday events or sports.

Alibaba Group's Tongyi announced that its latest developed AI video generation large model - Tongyi Wanxiang AI Video Generation, is officially online. This technology, with its powerful visual dynamic generation capability, can quickly generate video content with various artistic styles and cinematic quality based on text prompts.

In today's rapidly advancing field of artificial intelligence, AI video generation technology has reached a significant milestone. Runway from New York and Luma AI from San Francisco have almost simultaneously launched their respective video generation APIs to the market, providing developers and businesses with unprecedented creative tools and attracting widespread attention in the industry. Runway's Gen-3Alpha Turbo AI video model API was the first to be unveiled. This product is currently in a phased rollout, initially accessible only to select partners.

After MiniMax launched its first AI HD video generation model, its subsidiary Conch AI has added the features of 'AI Music Creation' and 'AI Video Generation'. Users can automatically generate music by creating lyrics and selecting music styles, while videos can be generated simply by inputting creative descriptions. The music feature offers a variety of styles, but the quality of the generated music is average; the video feature can automatically create content based on input descriptions, presenting a poetic effect, although the image quality still has room for improvement. Currently, these two features are available for users to experience at no cost for a limited time.

Aishi Technology announced the global launch of version V2.5 of its video generation product PixVerse, which has achieved significant improvements in video generation speed, dynamic performance, and picture quality. The new version has particularly optimized the model, enhancing prompt understanding and the aesthetic level of video generation, increasing the video generation speed by 200%, while supporting output up to 4K resolution to ensure clarity in video details.

In July this year, Aishi Technology released the newly upgraded AI video generation product PixVerse V2, which is based on the Diffusion+Transformer (DiT) architecture, achieving multiple innovations in video generation technology. PixVerse V2 offers longer, more consistent, and more engaging video generation capabilities, supporting the generation of multiple video clips at once.

Runway ML has launched the AI video generation model Gen-3 Alpha Turbo, which offers a 7-fold increase in speed and a 50% reduction in costs compared to its predecessor, making AI video production more accessible. Turbo is suitable for all plans, including free trials, allowing users to enjoy an efficient video generation experience without incurring additional costs. The generation speed of Gen-3 Alpha Turbo is so fast that it surpasses typing speed, effectively addressing the time lag issue of AI video generation models. In terms of pricing, video costs only $5 per second.

Today, Shenshu Technology announced the global launch of its AI video generation model, Vidu. Vidu is a model that utilizes artificial intelligence technology to generate videos from text or images. In April of this year, Shenshu Technology partnered with Tsinghua University to release China's first large video model - 'Vidu', marking an important step for China in video generation technology.