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.
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-bor...
The Trump administration has completed a controversial prisoner swap with Venezuela, returning around 250 deported Venezuelans in exchange for 10 Amer...
U.S. President Donald Trump signed the GENIUS Act into law on Friday, creating the first U.S. regulatory framework for dollar-backed stablecoins and m...
German authorities have arrested a Libyan man accused of overseeing torture and sexual abuse at a notorious prison in Tripoli, the International Crimi...
The model aims to enhance Alibaba’s presence in the generative AI sector and is available as open-source.
OpenAI on Tuesday introduced a suite of new developer tools designed to streamline the creation of advanced AI agents, signaling a strategic move amid intensifying competition from Chinese AI startups.
Alibaba Group’s shares climbed by more than 8% on Thursday following the release of its latest artificial intelligence reasoning model, QwQ-32B.
Alibaba is now offering free, open-source access to its latest generative AI models capable of producing highly realistic videos and images from text and image inputs. The move, which sees the company releasing four variants of its Wan 2.1 series, is expected to boost innovation among researchers, a
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
The total value of foreign currency transactions between banks and individuals in Uzbekistan reached 14.5 billion U.S. dollars in the first six months of 2025, reflecting a 24% increase year on year.
Syrian security forces are preparing to redeploy to the Druze-majority city of Sweida in the south of the country after a brief ceasefire collapsed, reigniting clashes with Bedouin tribes, according to the Syrian Interior Ministry.
Pope Leo said on Thursday he hopes to travel to Türkiye later this year for the 1,700th anniversary of a major Christian Church summit, in what would be the first foreign trip of his papacy.
United Nations Secretary-General António Guterres announced on Thursday that the latest discussions on Cyprus were "constructive" and that progress had been made on several initiatives.
Turkish President Tayyip Erdoğan has called Israel 'a terrorist state', stating that its aggression poses a threat to the entire region.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment