
HeyGen Is Deregistering Its Domestic Entity, Possibly Related to A $5.6 Million New Funding Round
The domestic entity behind the AI video generation tool HeyGen, Surreal AI, is currently planning to deregister its domestic company.
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The domestic entity behind the AI video generation tool HeyGen, Surreal AI, is currently planning to deregister its domestic company.

After OpenAI revolutionized the model training paradigm with the o1 model in September last year, major model companies in China began to fulfill industry expectations at that time, forming a certain scale of follow-up trend for o1-class models.

Amidst a flood of AI products from leading corporations such as Baidu, Huawei, and Alibaba, ByteDance's AI project has also emerged on the surface.

Doubao made substantial strides in code capabilities, improving by around 50% compared to the previous generation model on the HumanEval and MBPP evaluation sets.

AIsphere is an AIGC visual multimodal algorithm developer, focusing on the research and development of AI video generation large models and applications.

Currently, the DouBao large model processes 120 billion tokens of text daily and generates 30 million images.

During the 2024 WAIC, several new features of Kuaishou's products such as video generation large model 'KLING' and image generation large models 'Kolors' were officially released.

The AI startup company Moonshot AI completed a new round of financing exceeding $1 billion, with investors including Sequoia China, Xiaohongshu, Meituan, Alibaba.

Despite Kimi's current success, a securities analyst warned that its relatively low technical threshold could lead to intense competition in the future.

The founder of Moonshot AI, Yang Zhilin, said that the return of AI talents to large companies is an industry norm and has taken the initiative to streamline business operations.

On August 31, startup company MiniMax launched its first video-generating large model.

Microsoft Azure OpenAI will stop providing services to individual developers in mainland China, but enterprise users can still continue using the service.