On May 18, the UK’s Financial Times published a report stating that Chinese AI firms have surged ahead of their US counterparts in the realm of video generation. As a pivotal sector within generative AI, video generation technology is swiftly gaining traction across advertising, e-commerce, and entertainment sectors. Firms such as ByteDance and Kuaishou are capitalizing on their extensive repositories of short videos to train their systems, thereby securing a competitive advantage over their US rivals.
