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.
On Thursday (5 March) four drones were directed towards Azerbaijan's Nakhchivan region, according to the Ministry of Defence. Here is what we k...
Trump tells Axios he wants direct involvement in who takes over as Iran's next leader, rejecting Khamenei's son as "unacceptable"...
Tensions in the Middle East are continuing to escalate as Iran and U.S.-backed Israeli forces exchange strikes for...
In an exclusive interview with AnewZ, Iran’s Deputy Foreign Minister Kazem Gharibabadi said the Islamic Republic is "not targeting neigh...
China has outlined its main economic and policy priorities for the coming year in its annual government work repor...
Alibaba (9988.HK) announced on Wednesday a wide-ranging push into artificial intelligence (AI), unveiling a partnership with Nvidia, a global data centre expansion plan, and new AI products, as it seeks to make artificial intelligence a core business priority alongside its e-commerce operations.
The weirdest and ugliest products sold online in China can now be seen in a new exhibition in Hangzhou.
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.
In an exclusive interview with AnewZ, Iran’s Deputy Foreign Minister Kazem Gharibabadi said the Islamic Republic is "not targeting neighbouring countries," amid reports of drone strikes on Nakhchivan International Airport on Thursday (5 March).
Trump tells Axios he wants direct involvement in who takes over as Iran's next leader, rejecting Khamenei's son as "unacceptable" and citing the need for a figure who can bring "peace and harmony".
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
Türkiye has suspended day-trip crossings at its Kapıköy border and two others with Iran as regional tensions escalate following strikes involving the United States and Israel on Tehran. AnewZ's Alisultan Sultanzade was on the ground at the crossing before the restrictions came into force.
Türkiye’s President Recep Tayyip Erdoğan has told Pakistan’s Prime Minister Shehbaz Sharif that Ankara is ready to help reinforce the ceasefire between Pakistan and Afghanistan, as clashes between the two neighbours continue for a sixth consecutive day.
On Thursday (5 March) four drones were directed towards Azerbaijan's Nakhchivan region, according to the Ministry of Defence. Here is what we know so far.
Tensions in the Middle East are continuing to escalate as Iran and U.S.-backed Israeli forces exchange strikes for a sixth consecutive day, with Tehran reporting mounting civilian casualties and warning it is prepared for a prolonged war.
Trump tells Axios he wants direct involvement in who takes over as Iran's next leader, rejecting Khamenei's son as "unacceptable" and citing the need for a figure who can bring "peace and harmony".
Escalating tensions between Iran and the U.S. are raising economic concerns across Central Asia. Although the region lies far from the conflict, its economies remain closely tied to global energy markets and trade routes linked to the Persian Gulf.
Türkiye and Iran’s foreign ministers spoke by phone after reports that a ballistic missile entered Turkish airspace, with Tehran denying responsibility and insisting its recent strikes targeted only U.S. and Israeli facilities.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment