Alibaba (NYSE:BABA) has officially open-sourced its video- and image-generating AI model, Wan 2.1, intensifying competition in the AI landscape. This move follows a similar release from DeepSeek, a startup that gained attention with its cost-effective models rivaling industry giants like OpenAI.
Wan 2.1 comes in four variants—T2V-1.3B, T2V-14B, I2V-14B-720P, and I2V-14B-480P—designed to generate images and videos from text and image inputs. The "14B" models leverage 14 billion parameters, enhancing accuracy and realism. These models are now accessible worldwide on Alibaba Cloud’s ModelScope and Hugging Face, catering to academic, research, and commercial users.
Originally launched in January under the name Wanx, the model was later rebranded as Wan. It has since secured the top spot on VBench, a leading benchmark for video generative models, excelling in multi-object interaction and complex scene rendering.
Alibaba is further expanding its AI capabilities with QwQ-Max, an advanced reasoning model previewed this week, set for open-source release soon. To strengthen its AI and cloud infrastructure, the company has pledged a massive 380 billion yuan ($52 billion) investment over the next three years.
By making Wan 2.1 open source, Alibaba is positioning itself as a major player in the AI race, challenging rivals and accelerating innovation in video and image generation technology.


Saks Global Files for Bankruptcy Protection Amid Mounting Luxury Retail Pressures
SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
Tesla, EEOC Move Toward Mediation in Racial Harassment Lawsuit
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
AFT Leaves X Over AI-Generated Images of Minors
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026
U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years
Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny
AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 



