China: China's open-source AI models empowering industries worldwide.

【Voice_over】 Chinese firms making open-source AI models are accelerating upgrades and building a strong following in overseas markets. The large AI model company MiniMax just released a new multimodal model that can generate a full-length, cinema-style video with synchronized audio, using just a few reference images and text prompts. Company officials say they've seen many overseas clients adopting their AI product. 【Sound_bite】 Feng Wen, Head, MiniMax Open Platform: "Overseas, we have seen many game studios as well as platforms specializing in e-commerce advertising actively integrating our model." 【Voice_over】 In Shanghai, staff from a tech company were conferencing remotely with Malaysia's e-wallet provider, TNG Digital, discussing how a newly developed AI tool could streamline the company's internal data processing. 【Sound_bite】 Yang Liang, AI Product Solution Architect, Alibaba Cloud Global: "Within about one second, the AI tool can generate a complete data report from the selected dataset." 【Sound_bite】 Yoongkang Lim, AI Engineering Lead, TNG Digital: "By consolidating chatbot data onto a single platform, we've significantly reduced the time teams spend verifying data repeatedly." 【Voice_over】 The size of China's AI industry exceeded 170 billion U.S. dollars last year, up 40 percent year on year.