Chinese tech firms have been making aggressive moves into the nascent market segment for text-to-video-generating tools. Photo: Shutterstock
Chinese artificial intelligence (AI) start-upMiniMax has launched video-01, its new text-to-video-generating model, heating up competition with other mainland tech firms that look to catch up with the advances made by OpenAI’s Sora.
MiniMax – known as one of China’s AI “tigers” along with Zhipu AI, Baichuan and Moonshot AI – made video-01 available to the public via its website after unveiling the new tool at the company’s first developer conference in Shanghai on Saturday.