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Pandaily's Digest | Feb 21, 2024

Editor's note: ByteDance's Boximator is still in a research phase with notable gaps compared to Sora.

Feb 21, 2024

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ByteDance Clarifies: “Boximator” Remains a Research Project So Far, Not on Par with Sora in AI Video Modeling
(Source: ByteDance)

ByteDance Clarifies: “Boximator” Remains a Research Project So Far, Not on Par with Sora in AI Video Modeling


ByteDance's Boximator, a video model product launched quietly before OpenAI's Sora release in early February, is still in a research phase with notable gaps compared to Sora. Link


Headlines from China

Geely’s Luxury EV Brand Lotus Tech Receives IPO Approval for Nasdaq Listing
(Source: Electrek)

Geely’s Luxury EV Brand Lotus Tech Receives IPO Approval for Nasdaq Listing

Luxury electric vehicle manufacturer Lotus Technology Co., Ltd. - owned by Geely Group - recently received approval for its IPO filing from the China Securities Regulatory Commission. Link

Taobao Sets Up Live E-commerce Company

On February 20th, Taobao announced the establishment of a live e-commerce company to provide fully managed operational services for celebrities, KOLs, and MCN agencies entering Taobao to start live streaming. Link

OPPO to Deploy Three Different Cloud-Based Large Models Through Self-Built Data Center

On February 20th, OPPO's Chief Product Officer Liu Zuohu stated at the company's AI Strategy Conference that OPPO will continue to invest in cloud computing power in the future. Link

Tencent’s Reveals Wearable Fingerstall Patent, Capable of Detecting Object Contact Information

This new technology enables users to access a range of detection information, allowing for diverse control options and enhancing operational precision and convenience. Link

News You Shouldn’t Miss

Pika Founder Responds to Sora’s Release: Very excited, We Will Directly Benchmark Sora

Faced with the aggressive approach of Sora, Pika's founder Demi Guo responded, 'We feel that this is a very exciting news. We are already preparing to go head-to-head and directly compete with Sora.' Link

The Preparations for the Huawei Mate70 Series Have Begun

A digital blogger revealed that the preparation work for the Huawei Mate70 series has been underway for some time, and the stock volume has increased significantly compared to the Mate60 series. Link

Moonshot AI Secured $1 Billion Investment

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

Young Genius Xie Saining from SJTU Denies Any Relationship with Sora

A domestic self-media referred to the young genius Xie Saining, who graduated from SJTU, as the inventor of Sora. Xie Saining himself has officially denied this, saying that he has "no relationship at all" with Sora. Link

ByteDance Launches “Hippo Learning” App

ByteDance recently launched the AI-based "Hippo Learning" app in the Chinese market, aimed at primary and secondary school students. Link

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By Kevin Zhou
Everything about China's Innovations

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Pandaily's Digest | Feb 21, 2024
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