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HPC-AI Tech recently announced Open-Sora 2.0, a groundbreaking video AI system achieving commercial-grade quality at approximately one-tenth the typical training cost. This represents a potential paradigm shift in the resource-intensive field of video AI, mirroring efficiency gains seen in language models. While existing high-quality video generation systems like Movie Gen and Step-Video-T2V can cost millions of dollars to train, Open-Sora 2.0 offers a significantly more affordable alternative.

Dr. Alan Becker, a deep learning scientist who previously led the development of Snapchat's 'My AI' chatbot, has recently come back to launch a new company called eSelf. This startup is focused on creating a real-time, video-based conversational AI assistant platform and has successfully secured $4.5 million in seed funding, officially entering the fierce competition in the field of AI assistants. eSelf's early goal is to provide a more realistic and interactive AI experience for verticals such as education, sales, financial services, real estate, and healthcare.

Recently, OpenAI has caused a stir in the video AI field as they are set to make significant upgrades to Sora, which was released in February of this year. According to reports from the Information Daily, the main goal of this upgrade is to significantly enhance Sora's performance, enabling it to generate longer and higher quality video content more quickly. Reflecting on the initial performance of Sora, there were indeed many pressing issues that needed addressing. The original version took over 10 minutes to generate a video, an efficiency level that clearly fails to meet practical application needs.

OpenAI is currently working on upgrading its video AI Sora, a project that first appeared in February this year. According to sources close to the company's management team cited by The Information, OpenAI is developing an upgraded version of its video AI Sora, aimed at producing longer and higher quality video clips more quickly than the original demonstration. Notably, Sora was not fully ready at its launch; reportedly, the initial video generation time exceeded ten minutes.

OpenAI's Sora Video AI model is currently in the research stage, with its original release date delayed. This is mainly due to ongoing communications with policymakers, cautious considerations regarding safety risks, and technical challenges leading to high costs. Sora faces legal risks concerning training data and it is yet to be confirmed whether YouTube data has been used. Additionally, OpenAI is actively collaborating with Hollywood, testing the model with several individuals, including Ashton Kutcher, to explore its potential applications in the film industry.

Recently, Baidu Wangpan announced the launch of the AI View feature, which helps users quickly browse the core information of long videos. Users can summarize 5 hours of video content in just 15 seconds, making work and study more efficient. This feature helps users quickly capture industry trends, competitor marketing strategies, and learn IELTS, online courses, and more. Users can input questions to get video answers, and it supports one-click conversion to PPT and transcripts.

'Qianqiu Shisong', the first text-to-video AI animated film, has garnered an enthusiastic response with a premiere viewership share of 4.22%. The successful integration of cutting-edge AI technology with the transmission of excellent Chinese traditional culture has been recognized. The president of the China Animation Association believes that 'Qianqiu Shisong' has pioneering significance, and People's Education Press commented that it offers a new perspective for cultural transmission. The topic '#QianqiuShisong#' has received over 7.91 million views online.

OpenAI has launched a demonstration of its new Sora video AI model, prompting Runway CEO Cristóbal Valenzuela to respond with 'game on.' The competition in the video AI field is fierce. Runway, Google, and Stability AI are releasing new models to counter OpenAI's Sora, escalating the golden race in video AI. Runway recently launched its Gen-2 update, valued at $1.5 billion, while Sora's capabilities and limitations remain unclear.

The rise of multimodal technology: Video AI applications represent a new breakthrough in multimodal technology, capable of handling different types of media. The potential for automated video production: Video AI applications provide opportunities for automated video production, reducing costs and increasing efficiency. Freedom and customization: Video AI applications offer high levels of freedom and customization options, allowing creators to express their ideas more flexibly.