Daily Tech Roundup: Funds Pour Into Chinese Video Generation Challenging OpenAI

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OpenAI’s Sora text-to-video model is displayed on a smartphone in Brussels, Belgium on Feb. 16. Photo: VCG

Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.

Funds pour into Chinese startups challenging OpenAI’s Sora in video generation

Venture capital investors are pouring hundreds of millions of yuan into China’s burgeoning video generation startups, betting on their potential in the artificial intelligence (AI) race to rival OpenAI’s text-to-video model Sora.

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