Beijing TuSimple Technology Co., Ltd. has officially changed its name to CreateAI. This rebranding comes alongside the announcement of several significant advancements in the generative AI field, marking its ambitious plans to apply generative AI technology in the animation and video game industries. Additionally, CreateAI announced that it has acquired the official licensing rights to the renowned wuxia intellectual property 'The Legend of the Condor Heroes' and plans to develop a large-scale open-world RPG game. Furthermore, the company will collaborate with notable animation director Masashi Hoshino and leading animation production company Hashimoto Co., Ltd. to utilize AIGC.

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.

Recently, AI startup Runway announced a collaboration with renowned film production company Lionsgate. This news has caused quite a stir in the film industry, as it marks the first agreement between a major film company and an AI video model provider. Runway is headquartered in New York City and has received support from companies like Google. Although Runway's technology has already been used by some filmmakers in Hollywood, such as in the Oscar-winning film 'Everything Everywhere All at Once',

Adobe has introduced a new AI creation tool, Firefly Video Model, designed to generate high-quality video content. This tool is based on ethical training, using the company's proprietary or licensed data, and supports text-to-video generation, image-to-video conversion, and video editing, with each generated segment lasting up to 5 seconds. The videos generated during the demonstration were impressive, following text prompts and showcasing scenes from the natural world. Features include filling in video gaps, creating seamless transitions, and achieving perfect perspectives. Through Firefly, Adobe is empowering creators.

Hedra has successfully raised $10 million in seed funding, founded by former employees from NVIDIA, Google, and the Metaverse, attracting renowned investors such as Index Ventures, Abstract, and A16Z Speedrun. The foundational model Character-1, launched by Hedra during the seed round, claims to be the fastest video model on the market, with 350,000 users having already created over 1.6 million videos, some of which have gained significant popularity on social media. The platform allows users to create...

Jiang Lu, Research Lead of Google's VideoPoet project, has joined TikTok and is rumored to take on the role of head of the North American technology department. Jiang left Google to continue working in the video generation field, launching video generation technology similar to Sora. Jiang is a part-time professor at CMU and has extensive research experience, making him a key talent in AI that major companies are vying for. The VideoPoet project replaces UNet with Transformer, becoming the SOTA in AI video generation, attracting TikTok's interest.

Runway has partnered with Getty Images to launch the new video model RGM, catering to businesses' needs for high-quality, customized content. The new model (RGM) provides benchmark models for businesses to build customized models for generating video content, enhancing the creative capabilities of companies across various fields. Runway and Getty Images are driving innovation in AI and video generation, enabling businesses to create professional, engaging, and brand-compliant content more easily. RGM will be open to commercial users in the coming months.