MiniMax Video-01 Platform With AI Video Generation Capabilities Launched

MiniMax, a Chinese artificial intelligence (AI) unicorn startup backed by Alibaba and Tencent, released a text-to-video generation model on Monday. Dubbed Video-01, the platform is available to the public even outside of China. It can generate six-second-long videos in a wide range of styles. Video-01 joins the company’s existing AI offerings such as a music generat…