| Mobile Web

China\'s ShengShu raises $290 million led by Alibaba to speed world model development

Alibaba Cloud led a $290 million Series B funding round for ShengShu, the developer of the AI video generation tool Vidu, CNBC reported on Thursday. TAL Education and Baidu Ventures also participated. The funding highlights bets on developing world models based on video and physical scenarios. ShengShu said it will use the money to build a general-purpose world model linking digital worlds with physical worlds such as autonomous driving and robotics.