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New Business

China’s Sora-like Vidu breaks into Hollywood with deal to produce GenAI anime series

A Chinese text-to-video generation start-up said it has signed a deal with a US animation studio to produce an artificial…

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New Business

Former ByteDance executive takes helm at Baidu-backed Shengshu amid generative AI boom

A former ByteDance executive has joined Shengshu AI as CEO, marking a significant hire by one of China’s leading artificial…

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Tech

TikTok owner ByteDance revs up nascent market for Sora-style services with Jimeng AI app

A screenshot of sample videos generated by ByteDance’s Jimeng artificial intelligence service from a mainland app store. Photo: SCMP The…

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Tech

Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video tool

Shengshu said Vidu is able to generate a four-second clip in 30 seconds, according to a statement. That makes it…

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