Chinese AI firms fight to stand out from rivals in text-to-video market

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Chinese AI firms fight to stand out from rivals in text-to-video market - SCMP

Quick Summary:

Chinese start-ups and tech giants have rushed to offer AI video-generation tools in recent weeks, but face challenges in differentiating their offerings.

All four services have adopted a freemium model, letting users trial the services at no charge but with longer wait times during peak use periods.

Lu Yanxia, research director for emerging technology at IDC China, said text-to-video models have mushroomed thanks to China’s significant investments in AI models.