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 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
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.
The Kremlin has strongly condemned the recent U.S. strikes on Iranian nuclear facilities, warning they could trigger wider instability in the region and deepen the ongoing conflict.
Iran's top diplomat has traveled to Moscow with a message from Supreme Leader Khamenei, seeking greater support from Russia after the most significant U.S. military action against Iran in decades.
Uzbekistan and Pakistan have signed an action plan to accelerate the implementation of key bilateral projects and initiatives, marking a new phase in their expanding cooperation.
Iran said Monday that the U.S. strike on its nuclear sites had expanded the range of legitimate targets for its armed forces and branded U.S. President Donald Trump a “gambler” for joining Israel’s military campaign.
Iran’s Deputy Foreign Minister Majid Takht Ravanchi declared on Monday that the country will continue its uranium enrichment activities within the framework of the Nuclear Non-Proliferation Treaty (NPT), despite recent U.S. and Israeli attacks on its nuclear facilities.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Uzbekistan and Pakistan have signed an action plan to accelerate the implementation of key bilateral projects and initiatives, marking a new phase in their expanding cooperation.
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The Israeli military says Iran has launched missiles at Israel, following Israeli air strikes on military sites in Tehran, Karaj, and other parts of Iran. Iranian air defences have been activated in multiple locations amid escalating hostilities.
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The U.S. maintains a broad military presence across the Middle East, reflecting long-standing strategic interests and evolving regional dynamics.
The Kremlin has strongly condemned the recent U.S. strikes on Iranian nuclear facilities, warning they could trigger wider instability in the region and deepen the ongoing conflict.
Iran's top diplomat has traveled to Moscow with a message from Supreme Leader Khamenei, seeking greater support from Russia after the most significant U.S. military action against Iran in decades.
Uzbekistan and Pakistan have signed an action plan to accelerate the implementation of key bilateral projects and initiatives, marking a new phase in their expanding cooperation.
Iran said Monday that the U.S. strike on its nuclear sites had expanded the range of legitimate targets for its armed forces and branded U.S. President Donald Trump a “gambler” for joining Israel’s military campaign.
Iran’s Deputy Foreign Minister Majid Takht Ravanchi declared on Monday that the country will continue its uranium enrichment activities within the framework of the Nuclear Non-Proliferation Treaty (NPT), despite recent U.S. and Israeli attacks on its nuclear facilities.
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