Alibaba Expands AI Push With New Video and Gaming Model [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
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Source: Yahoo! Finance
by releasing a new model that can make games and realistic videos. This is part of its plan to compete more directly with Tencent Holdings Ltd.The model, which is called "Happy Oyster," is said to be a world model that can make 3D environments and video simulations that people can engage with. The company says that the technology may be used for a lot of things, such making movies, digital material, and games.The release builds on Alibaba's prior work with AI, such as the "Happy Horse" video model that the company says did well in early tests. These tools show that Alibaba wants to make money from AI in creative fields.The timing shows that competition is getting tougher in China's IT sector, where companies are racing to add AI to platforms that consumers use. Tencent is still a major competitor in this area because it is so strong in gaming and social media.For investors, this news shows that Alibaba wants to go beyond e-commerce and the cloud and into AI-driven content creation. Th
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