Market Chatter: Alibaba Targets Tencent With New AI Model for Games, 3D Video

MT Newswires Live04-16 17:36

Alibaba (BABA) has launched a new AI model that creates 3D environments and interactive videos, expanding into gaming and content to compete more directly with Tencent, Bloomberg reported Thursday.

The "Happy Oyster" model simulates real-world environments and physics, supporting applications in film, gaming, and digital content, according to the report.

The tool is currently available in limited early access and was developed by Alibaba's newly created Token Hub unit, Bloomberg added.

Alibaba and Tencent did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. 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