HappyHorse-1.0

Alibaba has officially claimed development of HappyHorse-1.0, an AI video generation model that quickly topped global leaderboards. This move signifies a major step in Alibaba’s AI expansion. The model, initially unbranded, excelled in text-to-video and image-to-video generation, sparking widespread speculation. Alibaba’s stock saw an increase following the confirmation, underscoring the strategic importance of AI for the company amidst intense competition and challenges faced by other tech giants in the generative video space.