Home / Technology / Alibaba's AI 'Happy Horse' Tops Global Video Charts
Alibaba's AI 'Happy Horse' Tops Global Video Charts
10 Apr
Summary
- Alibaba's new AI model, Happy Horse 1.0, achieved a top ranking.
- The model surpassed ByteDance's Seedance 2.0 on a key benchmark.
- Alibaba is prioritizing AI development across its business units.
A newly revealed AI video generation model, Happy Horse 1.0, developed by Alibaba Group Holding Ltd.'s nascent Token Hub AI innovation team, has claimed the top position on the Artificial Analysis text-to-video benchmark. This development propelled Alibaba's shares up as much as 8% on Wednesday.
Happy Horse 1.0 outranked ByteDance Ltd.'s Seedance 2.0, signaling a strong performance in the highly competitive AI video race. This segment is recognized for its potential for reliable monetization, especially after OpenAI's recent withdrawal.
Alibaba has been making a significant pivot towards AI, with CEO Eddie Wu declaring artificial general intelligence as the company's main objective. The e-commerce giant has also restructured its business to focus on monetizing its AI advancements.
The company also recently released an updated version of its flagship Wan video generator from its Tongyi lab. Alibaba has not previously disclosed its strategy of supporting multiple teams on parallel AI creative tools, indicating a concentrated effort in AI development.
