Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M; Baidu and Luminous invested too Bloomberg 2026-04-10 ShengShu, Vidu AI Related Coverage Chinese startup ShengShu raises $293 million to advance artificial general intelligence Reuters Alibaba's New AI Video-Generation Model Tops Global Ranking After Debut Dow Jones Newswires · Tracy Qu Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge CNBC · Evelyn Cheng Alibaba leads $293m round in Chinese AI start-up after HappyHorse reveal Silicon Republic · Suhasini Srinivasaragavan China's Alibaba Token Hub Is Behind Mysterious New AI Video Model HappyHorse 一财全.Yicai Global · LV Qian Chinese AI startup ShengShu raises $293m led by Alibaba Cloud Reuters Shift Beyond Language Models Into World Models Benzinga · Anusuya Lahiri Alibaba claims top spot with new AI video generation model crypto.news · Rony Roy Alibaba's HappyHorse tops Seedance, offering glimpse into China's race for AI talent South China Morning Post · Ben Jiang Alibaba's New AI Video-Generation Model Tops Global Ranking After Debut MarketWatch · Tracy Qu Alibaba's New AI Video-Generation Model Tops Global Ranking — Update Dow Jones Newswires · Tracy Qu Alibaba Group anonymously releases new AI video generation model: Report Reuters