Alibaba announced on Tuesday that it will release an open-source version of its video and image-generating AI model, Wan 2.1, as part of its ongoing efforts to foster innovation and collaboration within the AI community.
The Chinese tech giant shared the news via a post on X, outlining plans for a live press conference to officially unveil the model.
The press conference is scheduled for 11:00 pm Beijing Time (1500 GMT), where Alibaba is expected to provide further details on the model’s capabilities and the open-source release strategy. By making Wan 2.1 available to the public, Alibaba aims to empower developers and researchers with advanced tools for creating and manipulating visual content, potentially accelerating progress in the field of artificial intelligence.
Alibaba’s decision to open-source Wan 2.1 reflects a broader trend in the tech industry towards increased transparency and collaboration. Open-source releases allow external innovators to build on established platforms, leading to the development of new applications and services that can benefit a wide range of industries.
As the company prepares for its upcoming live event, industry observers will be watching closely to see how Alibaba positions Wan 2.1 in comparison to other leading AI models and what new possibilities its release might unlock in video and image generation.
Read next
18:00
Alibaba
Bengaluru/Beijing, February 24, 2025 – Chinese e-commerce giant Alibaba (9988.HK) announced on Monday plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
18:30
DeepSeek
Beijing, February 19, 2025 – Chinese AI startup DeepSeek is considering its first-ever outside funding round, attracting interest from major investors including Alibaba and leading state funds, according to sources cited by The Information.
21:15
libaba has unveiled Qwen 2.5-Max, a new AI model that it claims surpasses DeepSeek-V3, OpenAI’s GPT-4o, and Meta’s Llama-3.1-405B across multiple benchmarks. The release, made on the first day of the Lunar New Year, underscores the growing competition among Chinese AI developers.
What is your opinion on this topic?
Leave the first comment