ByteDance, the parent company of TikTok, has launched Jimeng AI, a new AI-powered text-to-video application.
This move positions ByteDance as a direct competitor to OpenAI's Sora, which has yet to be released to the public. Jimeng AI is now available on both Android and iOS platforms in China.
Key Takeaways
- ByteDance's Jimeng AI generates videos from text prompts.
- The app is available on Android and iOS in China.
- Jimeng AI offers subscription plans ranging from $9.65 per month to $659 per year.
- Other Chinese companies like Kuaishou and Zhipu AI have also launched similar AI video tools.
ByteDance's New AI Video App
ByteDance has expanded its suite of AI tools with the launch of Jimeng AI, a text-to-video application developed by its subsidiary, Faceu Technology. The app allows users to generate short videos and images from text prompts using generative AI technology. Jimeng AI is available on the Apple App Store and Google Play Store for Chinese users.
Subscription Plans
Jimeng AI offers various subscription plans to cater to different user needs:
- Monthly Plan: 69 yuan (~$9.65)
- Single Month Plan: 79 yuan
- Annual Plan: 659 yuan
Each plan allows users to create approximately 2,050 images or 168 AI-generated videos per month.
Competition in the AI Video Space
The launch of Jimeng AI comes amid a wave of similar releases in China. Kuaishou, another major video app in China, recently made its Kling AI text-to-video model available globally. Additionally, Chinese AI startup Zhipu AI released its video-generating model Ying, and another startup, Shengshu, launched its Vidu app.
OpenAI's Sora and Other Competitors
OpenAI's Sora, introduced in February 2024, has yet to be released to the public. Despite its impressive capabilities, OpenAI is delaying its release to address potential flaws and develop safety features. Meanwhile, other tech giants like Google have also entered the AI video space with tools like Veo, which can generate high-resolution videos with cinematic effects.
The Future of AI-Generated Videos
As AI technology continues to advance, the competition in the AI video generation space is expected to intensify. With companies like ByteDance, Kuaishou, and OpenAI leading the charge, the future of video content creation is set to be revolutionized by AI.
Sources
- ByteDance joins OpenAI's Sora rivals with AI video app launch | Reuters, Reuters.
- Should we be worried? TikTok's parent company just launched an AI rival to Sora | Digital Camera World, Digital Camera World.
- TikTok parent company launches AI video app Jimeng AI to Rival OpenAI’s Sora – www.israelhayom.com, Israelhayom.com.
- TikTok rival releases yet another Sora-like AI video maker | Cybernews, Cybernews.
- TikTok's ByteDance rivals Sora with its own AI text-to-video models, now available for Android and iOS - PhoneArena, PhoneArena.
