Tencent heats up AI video-generation competition in China with new open-source product

Tencent heats up AI video-generation competition in China with new open-source product

Shenzhen-based Tencent, which runs the world’s largest video-gaming business by revenue and China’s biggest social-media network, made the new model widely available on Thursday through online developer platforms like GitHub and HuggingFace. Users can also add lip-synched voice to their videos as well as background sound effects, according to Tencent. In a demonstration video released…

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‘China eats the world’ as DeepSeek shows its strength in high-value sectors: Deutsche Bank

‘China eats the world’ as DeepSeek shows its strength in high-value sectors: Deutsche Bank

The launch of DeepSeek has unsettled the world’s belief that it “could contain China”, said Deutsche Bank, calling the emergence of the artificial-intelligence (AI) technology the country’s “Sputnik moment”. By characterising the start-up’s achievement as a significant turning point for the country, the bank goes further than Marc Andreessen, the influential Silicon Valley venture capitalist,…

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Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow

Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow

Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But with OpenAI’s long-awaited Sora video generation tool launching only earlier this month, the 34-year-old entertainment industry professional from Beijing has been experimenting with a wide range of Chinese alternatives. “Whenever there’s a new product release,…

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NeurIPS, the ‘AI Olympics’, gets new hurdles in Canada with US-China tech competition

NeurIPS, the ‘AI Olympics’, gets new hurdles in Canada with US-China tech competition

An annual gathering of the world’s top minds in artificial intelligence (AI) is gaining wider attention as it emerges as the new battleground in the competition between the US and China, according to event attendees. The six-day Conference on Neural Information Processing Systems, or NeurIPS, wrapped last week in Vancouver, Canada, and attracted more than…

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