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Chinese AI Pioneer MiniMax Unveils Video-01: A Text-to-Video Generation Model to Challenge OpenAI’s Sora
Chinese AI powerhouse MiniMax has unveiled a text-to-video creation model, posing a challenge to OpenAI's Sora. The debut version of their tool, named Video-01, mirrors the functions of Sora, with forthcoming enhancements anticipated to allow users to produce videos from pictures.
Video-01 allows a user to input a text description for producing a video lasting up to six seconds. The whole procedure from providing the text cue to developing a video takes roughly two minutes.
Yan Junjie, the founder and CEO of MiniMax, stated at the event that video-01 is the company's initial version of their video creation tool. He highlighted that upcoming enhancements will allow users to produce videos from images and also offer the ability to edit these videos, as reported by local news outlets.
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