LiblibAI, a leading platform in China's AI image creation field, recently underwent a major upgrade. The platform has officially integrated Alibaba's Tongyi series of large models, significantly expanding its capabilities in AI image generation and video creation. This move represents a significant advancement in AI technology and offers substantial benefits to a wide range of creators. According to official announcements, LiblibAI has integrated the latest open-source Wanxiang model, launching text-to-video and image-to-video functionalities. Users only need to input prompts or upload...

LiblibAI has integrated Alibaba's Tongyi large language model to launch a new feature enabling users to generate 10-second AI videos quickly and easily.

On February 24, LiblibAI announced it has completed four rounds of financing within just one year, setting a new record for the speed of financing in the domestic AI application sector. Following hundreds of millions in financing disclosed in July 2024, LiblibAI has successfully secured hundreds of millions again. The latest two rounds of financing were led by Yongce Capital and Shunwei Capital, with existing shareholders like Ming Shi Venture Capital also participating heavily.

The leading domestic AI image generation platform "LiblibAI" has completed three rounds of financing in the past year, totaling hundreds of millions of RMB, setting a record for the largest total financing in the domestic AI image sector. These three rounds include an angel round led by Source Code Capital, a second round led by strategic investors, and a third round led by Mingshi Capital, with existing shareholders continuing to increase their investment. Yuan Shi Capital served as the exclusive financial advisor in multiple financing rounds.