On February 18, Kunlun Wanwei announced the open source of China's first AI short drama creation video generation model SkyReels-V1 and China's first SOTA-level expression action controllable algorithm based on video base model SkyReels-A1. This initiative aims to address current issues such as the lack of open-source AI video generation models, high costs, and usability challenges, promoting innovation and development in the AI short drama industry. SkyReels-V1 is China's first open-source video generation model for AI short drama creation. The model combines lip-sync generation.

Today, Step-Chronicles and Geely Automobile Group announced the joint open-source of two models from the Step series of multimodal large models: the Step-Video-T2V video generation model and the Step-Audio voice model. Among them, the Step-Video-T2V video generation model is globally ahead in both parameter count and performance. This model has 30 billion parameters and can directly generate high-quality videos at 540P resolution with 204 frames, ensuring high information density and strong consistency in the generated content. Evaluation results show that

On February 14, 2025, Kunlun Wei Group officially launched the Matrix-Zero world model, marking a significant step for China in the field of spatial intelligence. Matrix-Zero includes two sub-models: a large model for 3D scene generation and a large model for interactive video generation, aiming to reshape digital content creation patterns through AI technology and promote innovation in industries such as film production, game development, and embodied intelligence.

Recently, Adobe officially launched the public beta version of its AI video generation tool, Firefly Video, allowing users to convert text and images into short videos lasting up to 5 seconds, with a resolution of 1080p and a frame rate of 24 frames per second. The launch of this tool marks a significant step forward for Adobe in the field of video generation. Users can quickly generate beautiful video content through simple text commands or by uploading images. Firefly Video features a user-friendly interface that allows

An innovative video generation technology, FlashVideo, has recently announced its open-source release. This framework cleverly addresses the balance between speed and quality in AI video generation through a unique two-stage design. FlashVideo employs an approach similar to LQIP (Low-Quality Image Placeholder) used in web front-end development by dividing the video generation process into two stages: preview and quality enhancement. In the preview stage, the system can quickly generate video drafts at a very low computational cost, providing users with instant feedback and significantly improving the user experience and commercial application feasibility.

On January 22, 2025, Shanghai Step-Video Intelligent Technology Co., Ltd. announced the official upgrade of its video generation model Step-Video to version V2. This upgrade brings significant technological breakthroughs and enhancements, making it even more powerful in simulating the real world.

Recently, UK-based AI video generation company Synthesia announced the completion of a $180 million Series D funding round. Since its establishment in 2017, Synthesia has become a leader in the industry, serving over half of the Fortune 100 companies and producing millions of minutes of AI-generated video content each month. The company is dedicated to helping businesses efficiently create videos and virtual avatars to enhance their communication effectiveness and content dissemination capabilities. With this funding, Synthesia plans to further develop.

Luma AI recently launched its latest video generation model Ray2 on its Dream Machine generative AI video creation platform, which has attracted widespread attention in the industry. Since the release of Dream Machine last summer, the AI video field has seen rapid changes in just seven months, with many new models emerging, including Runway, Kling, OpenAI's Sora, and Google's Veo2.

Recently, Ali Mama officially launched the commercial-grade Image-to-Video AI Native application - Taobao Star Image-to-Video, based on its self-developed Taobao Star video generation model. This new AI Native tool combines massive e-commerce data, rich design language, and industry-leading marketing experience, aiming to promote the intelligent upgrade of the entire process of e-commerce AI content creation.

In the AI field, talent mobility has always been a fiercely competitive arena. Recently, the job switch of Tim Brooks has drawn widespread attention. After working at Sora for only three months, he announced his move to the competitor Google DeepMind. This move is seen as a response to serious challenges faced by Sora's technology, particularly in generating speed and performance, which have been underwhelming compared to other players in the industry. Reports indicate that Sora has numerous technical issues and struggles to compete with Luma and Stabilit.

With the rapid advancement of generative AI technology, more and more companies are beginning to leverage these technologies to create product promotional videos. Recently, the startup Avataar, supported by Peak XV and Tiger Global, launched a new tool called 'Velocity' that can generate videos directly from product links. The launch of this innovative tool will make video production much easier, even without professional knowledge. Avataar's founder Sravanth.

Aishi Technology announces the official launch of PixVerse version 3.5, which brings significant performance improvements and new features. The new version of PixVerse can generate videos in as fast as 5 seconds, significantly enhancing motion control, providing users with a smoother and more precise video generation experience. Additionally, version 3.5 has made significant improvements to anime effects, supporting easy switching between various styles to meet the personalized needs of different users.