Recently, AI video generation company Sand.ai announced the completion of two consecutive funding rounds within three months, raising a cumulative total of over $100 million. The investor lineup is impressive, featuring top-tier institutions such as Su Hua, Lollapalooza Capital (Wang Huiwen's family office), Jiukun Venture Capital, Matrix Partners China, MSquare Capital, Sinovation Ventures, Xianghe Capital, Source Code Capital, Zhongke Chuangxing, Hongtai Fund, Today Capital, Hua Capital, Yunhui Fund, IDG Capital, and Baidu Ventures. Xinghan Capital served as the financial advisor for this funding round. Cao Yue, founder and CEO of Sand.ai, stated that the company plans to open-source a new generation of video generation models in the third quarter of this year. The model adopts a MoE architecture, balancing efficient inference with large-scale parameters, aiming to achieve industry-leading standards and make it available to global users.