Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost

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Why This Matters

PixVerse, an Alibaba-backed AI video tool, has launched a real-time AI video tool, with its co-founder hinting at another financing round after raising $100 million in the past 6 months, indicating rapid growth and investment in the Chinese AI market.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.

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Original article published by CNBC on January 13, 2026.
Analysis and insights provided by AnalystMarkets AI.