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Alibaba Group Holding Ltd.’s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, strengthening the startup’s position in China’s competitive AI video sector. The Beijing-based company, developer of the Vidu video generator, also attracted investment from Baidu Ventures and Luminous Ventures, though it did not disclose its valuation. The round follows a 600 million yuan raise just two months earlier, highlighting rapid funding momentum in the AI video space.

據國際文傳電訊社：俄羅斯批准再增加500萬噸糧食出口配額。