Alibaba Moves Onto Tencent’s Turf With AI Model for 3D Video

Alibaba Group Holding Ltd. launched a new AI model that can be used to develop games and generate videos simulating the real world, expanding its suite of products to challenge Tencent Holdings Ltd. as it looks to monetize the technology.

The Chinese e-commerce firm on Thursday unveiled Happy Oyster, a so-called world model that can create 3D environments and interactive videos. It can be used to produce films, video content and games, the company said.