video generation

AI video has bounced back from Sora's false start

Higgsfield AI Raises $400M at $5.4B Valuation, Quadrupling in Seven Months

Higgsfield AI Raises $400M at $5.4B Valuation, Quadrupling in Seven Months AI video generation startup Higgsfield has raised $400 million in a Series B round that values the company at $5.4 billion, up from $1.3 billion in January. The round was led by DST Global with participation from Goldman Sachs, Liberty Global, Intel Capital, and others. The 4x valuation jump in seven months signals intense investor appetite for the AI video layer that could become the foundation for robotics, world mod

Chinese AI labs dominate text-to-video: 9 of top 10 models are Chinese

Outside of Alphabet's Google, nine of the world's top ten text-to-video models are now Chinese, according to the Artificial Analysis leaderboard. The ranking, based on blind human evaluation of generated clips, places Google's Gemini Omni Flash at number one. Every slot from two through ten belongs to a Chinese lab. The Chinese contingent includes: MiniMax — H3 ByteDance — Seedance 2.0 Alibaba — Wan (two builds), HappyHorse (two builds, ~15B parameters, open weight) Kuaishou — Kling (two bu

MiniMax Restricts H3 Video Model Access in Western Markets, Citing Copyright Uncertainty

Chinese AI company MiniMax has released the open weights for its H3 video generation model but imposed licensing restrictions on users in the United States, European Union, United Kingdom, and South Korea. Developers in those regions must apply for a formal license before using the model, the Shanghai-based company said Monday. The 33-billion-parameter H3 model processes text, images, video, and audio in a single prompt and can generate 4- to 15-second clips with stereo sound. A single prompt a