Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The AI-generated video scene has been hopping this year (or twirling wildly, as the case may be). This past week alone we've seen releases or announcements of OpenAI's Sora, Pika AI's Pika 2, Google's Veo 2, and Minimax's video-01-live. It's frankly hard to keep up, and even tougher to test them all. But recently, we put a new open-weights AI video synthesis model, Tencent's HunyuanVideo, to the test—and it's surprisingly capable for being a "free" model.
Unlike the aforementioned models, HunyuanVideo's neural network weights are openly distributed, which means they can be run locally under the right circumstances (people have already demonstrated it on a consumer 24 GB VRAM GPU) and it can be fine-tuned or used with LoRAs to teach it new concepts.
Notably, a few Chinese companies have been at the forefront of AI video for most of this year, and some experts speculate that the reason is less reticence to train on copyrighted materials, use images and names of famous celebrities, and incorporate some uncensored video sources. As we saw with Stable Diffusion 3's mangled release, including nudity or pornography in training data may allow these models achieve better results by providing more information about human bodies. HunyuanVideo notably allows uncensored outputs, so unlike the commercial video models out there, it can generate videos of anatomically realistic, nude humans.
© Tencent
With global content consumption rising and demand for non-English content surpassing that for English movies and shows, IMAX is leveraging AI to scale localization on its original content. The entertainment and media industry grew 5% to $2.8 trillion in 2023, according to a report by PwC. The industry is expected to continue its expansion, though […]
© 2024 TechCrunch. All rights reserved. For personal use only.
